NEW YORK (AVAFIN) -- Options traders were heavily trading call contracts during the last trading session establishing a
new 3-month call volume record. A total of 11,390 put and 16,194 calls were traded where call
contracts outnumbered puts 1.4:1, yielding a 0.70 ratio.
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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.
Juniper Networks settled the day up $0.22 to $21.50 in the previous trading session. Today's
trading range was between $21.12 and $21.69 respectively. On the volume side, 8M shares were
traded, which is greater than the average volume of 7M shares. JNPR is trading
above the 50 day moving average and higher than the 200 day
moving average. The stock's 52 week low is $14.01 and 52 week high is $25.04. To date, the stock has gained 16.92% within the last quarter.
