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Stocks with Very Low Put/Call Ratio – Flir Systems Inc (NASDAQ:FLIR)
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Posted on 10/26/09 at 1:07pm by George Zabel
Stocks with Very Low Put/Call Ratio – Flir Systems Inc (NASDAQ: FLIR)
Flir Systems Inc (FLIR) is one of those stocks with virtually zero Put/Call ratios, what this means is that there isn’t any Put option contracts held while there’s Calls.
Technically speaking FLIR is rising slowly and steadily and has formed a nice ascending parallel channel, FLIR is approaching $30 and may only correct towards the lower boundary of the channel before it resumes this uptrend.
FLIR will very likely test the $40 level near previous highs, so in this case I would definitely agree with this number of Calls taken on the stock.
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