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Options Trade Alert: Walter Energy NYSE:WLT

Profile: Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. The company also produces thermal and industrial coal, anthracite, metallurgical coke, coal bed methane gas, and other related products. It principally serves electric utility and industrial customers. The company was formerly known as Walter Industries, Inc. and changed its name to Walter Energy, Inc. in April 2009. Walter Energy, Inc. was founded in Y 1946 and is HQ’d in Birmingham, Alabama

Website: http://www.walterenergy.com

Options Trading Activity

Walter Energy saw a record number of Call and Put contracts trade Thursday. There were 0.5 Call contracts traded for each Put contract for a 2.12 Put/Call Ratio PCR, 22,358 Put and 10,544 Call contracts exchanged hands.

The ratio skew implies that investors are hedging their positions in anticipation of a stock move.

Unusual Volume provides reliable clues that the stock is expected to make a move.
Investors use PCR statistics to measure trader sentiment.

A high PCR suggests that the overall investment sentiment is Bearish and that investors expect the underlying stock to decline in value.

A low PCR implies that investor sentiment is Bullish based on the large amount of Call options purchased.

Thursday’s unusual volume activity confirms that traders are re-balancing their portfolios.
Shares of WLT closed at 39.44 +2.16 (5.48%) Thursday

On the day he stock hit a low of 37.32 and high of 39.76.

Volume: 3.1-M/shrs is greater than average volume of 3.0-M/shrs.

WLT is trading above its 20, 50 and 200 Day MAs.

The 52 wk trading range is: 28.01-69.41.

P/E: 0.00

EPS: -14.56

RSI: 60.38

DiviYield: 0.50 (+1.34%)

Next Earnings Date: 20 February 2013

Analysts Recommendations: Hold

1 yr price target estimate: 42.05

Performance Metrics
Week Month Quarter Half Year Year
+1.08% +1.58% +14.01% -3.82% -46.55%

LTNs Analysis for WLT: Overall Short Intermediate Long
Bullish (0.33) Neutral (0.16) Very Bullish (0.61) Neutral (0.22)

Recent CandleStick Analysis Neutral

Open Gaps
Direction Date Range
up 6 Dec 2012 32.21 to 32.68

Support and Resistance
Type Value Conf.
resist. 40.14 2
resist. 39.61 2
supp 38.88 4
supp 37.68 14
supp 36.54 3
supp 35.71 3
supp 33.79 6
supp 32.65 3
supp 31.33 2
supp 29.94 2
supp 28.16 2

Technical Indicators
Ind. Short Inter Long
EMA VBu VBu VBu
MACD VBu VBu N
RSI Bu
TDD Bu
Fibs Bu VBu Bu
Highs VBe Bu VBu
Lows N Bu VBe
Trends N Bu N
Stoch. Be
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish