Unusual Trading Activity for Rockwell Automation & Emerson

Last Friday (July 9, 2010) there was unusual trading activity on both Rockwell Automation and Emerson stocks.

For Emerson stock: A total of 164 put and 1,282 call contracts were traded raising a low Put/Call volume alert which brought the Put/Call ratio to 0.13.

For Rockwell Automation stock: There were 780 puts contracts and 30 call contract were traded which brought the Put/Call ratio to 26.00.

A high Put/Call ratio suggests that the investor sentiment is bearish and that investors expect the underlying stock to decrease in value. In contrast, a low Put/Call ratio suggests that the investor sentiment is bullish and that the underlying stock is expected to increase in value.

So look for Rockwell’s stock to decrease and Emerson’s stock to increase.

Related posts:

1. Insider Stock Trading at Automation Companies
2. Rockwell Automation to Release Fiscal 2010 Third Quarter Results
3. Emerson To Announce Its 3rd Quarter Results Soon