Alcatel Lucent SA (ADR) (NYSE:ALU) emerged as an option bull’s collective radar

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Boston, MA, 06/28/2013 (financialstrend) – The share prices of Alcatel Lucent SA (ADR) (NYSE:ALU) had been traded in the price range of $1.79 and $1.92 per share on Thursday. The share price of the company had gradually advanced by 6.94 percent more than the previous day. The share price of ALU does not make any difference in the 52 week high value $2.01 and 52 week low value $0.91.

Alcatel Lucent SA (ADR) (NYSE:ALU) is the company that proposes solutions used by businesses, service providers, and governments worldwide to offer data, voice, and video services to their own customers. It is also engaged in fixed, mobile, Internet Protocol and optics technologies, applications and services. The three segments where company operates are Services, Software and Solutions and Enterprise.

Alcatel Lucent SA (ADR) (NYSE:ALU) has emerged as an option bull’s collective radar. In the last five sessions, speculators on the CBOE and ISE have bought to open 5,908 calls, compared to 34 puts resulting in a lopsided call/put volume ratio of 173.76. In addition, data from the stock sports a 10 day call/put volume ratio of 51.85 in the 76th percent of its annual range. Then, to add on is the security’s Schaeffer’s put/call open interest ratio (SOIR) at a 12-month low of 0.07.

On the charts, Alcatel Lucent SA (ADR) (NYSE:ALU) has advanced roughly 38 percent from April, and achieved a new annual high of $2.01 by last week. Since then the equity has taken a breather, and its 10 day and 20 day moving averages are ending in danger beneath for just the second time since early May.

The Alcatel Lucent SA (ADR) (NYSE:ALU) had a trading volume as 34.19 million and the average volume as 13.79 per day on Thursday. The market capitalization value is nearly 4.20 billion on that day and outstanding shares is about to 2.27 billion on the same day.