Subscribe to our newsletter

Options Trading Alert: Sprint Nextel (NYSE:S)

A new 3-month trading record was set on both the Put and Call side in shares of Sprint Nextel Friday.

A total of 264,191 Call and 89,420 Put contracts were traded raising a low Put/Call Volume alert. There were 0.3 Puts traded for each Call contract yielding a 0.34 Put/Call ratio (PCR).

PCR statistics are often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. A low PCR signals Bullish sentiment and a high PCR signals Bearish sentiment.

Unusual options volume provides reliable clues that the stock is expected to make a move.

Shares of Sprint Nextel finished at 5.73, -0.03 (-0.52%) on Friday. The shares of S had an intra-day low of 5.57 and high of 5.85.

The stock has gained 12.94% within the last month. The stock’s 52 wk low is 2.10 and 52 wk high is 6.04.

Earnings Date: 25 October 2012

Analyst Recommendation: Hold

1 yr Price Target Estimate: 6.25

Performance metric

Week Month Quarter Half Year Year
+13.16% +12.94% +72.97 % +114.93 % +124.12 %
Analysis Overall Short Intermediate Long
Bullish (0.36) Bullish (0.33) Bullish (0.44) Bullish (0.31)

Recent CandleStick Analysis Neutral

Open Gaps
Direction Date Range
up 11 Oct 2012 5.13 to 5.5
up 26 Jul 2012 3.5 to 3.77

Support and Resistance
Type Value Conf.
resist. 6.25 1
resist. 5.75 2
supp 5.24 18
supp 4.76 4
supp 4.57 2
supp 3.48 5
supp 3.37 2
supp 3.19 2
supp 2.58 10
supp 2.34 6

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