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Stock Monthly: Toronto-Dominion Bank put call ratio increases 7%, stock plummets 14% Tuesday March 31, 2020 17:00 EDT

Mar 31, 2020 - News Bites Canadian Markets
Board and Executive Moves


Toronto-Dominion Bank (TSX:TD), Canada's 2nd largest Bank by market cap, has plummeted CAD9.68 (or 13.9%) in the past month to close at CAD59.83 on Tuesday March 31. This has been exacerbated by strong volume of 2.5 times average for the month. Open interest contracts on exchange traded options included 112,645 put contracts and 144,696 call contracts. The put:call ratio was 0.78, up 6.6% for the month. The increase is a bearish indicator. Compared with the S&...