NEW YORK (AVAFIN) — TRI Pointe Homes options contracts experienced a new 3-month record for both call and put contracts where a total of 11,437 call and 10,568 put contracts were traded in the busy trading session. The contract spread yielded a 0.92 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.
Shares of TRI Pointe Homes gained $0.25 (1.52%) to $16.69. The last trading session witnessed a
low of $16.25 and high of $16.73 during the day. The current trading volume of 1.24M is less
than average volume of 624446.00 shares. TPH is trading above the 50 day moving average
and lower than the 200 day moving average. The stock’s 52 week low is $13.43 and 52 week high is $20.29. Within the last week, the shares have gained 0.49% of their value.