Interesting Options Volume for Nu Skin Enterprises

  |   05 November, 2014   |   407   |   3980

NEW YORK (AVAFIN) -- Nu Skin Enterprises witnessed an unusual number of call and put contracts exchanging hands during the busy trading session versus the average 10-day contract volume . There were 0.3 call contracts traded for every put contract yielding a 2.90 put/call ratio.



Investors use options to manage risk and to speculate on price changes. Options can provide significant leverage if the stock moves in the right direction but aslo end up worthless if it doesn't.On the volume side, 2.76M shares were traded which is greater than the average volume. Nu Skin Enterprises is trading above the 50 day moving average and lower than the 200 day moving average. Shares of NUS opened today at $50.74 and settled the day down $1.85 to $50.42 during the session. The day's trading range is between $49.28 and $52.48 respectively. Within the last week, the shares have gained 9.67% of their value.