Powered by

Stock Weekly: Canadian Western Bank (CWB:CAD29.63) put call ratio decreases 7.5%, stock lifts 2.2%

Feb 19, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Financial Results-Organizational Restructuring

CANADIAN WEEKLY STOCK REPORT

Canadian Western Bank (TSX:CWB), Canada's 10th largest Bank by market cap, has increased 63.0c (or 2.2%) in the past week to close at CAD29.63. Open interest contracts on exchange traded options included 1,651 put contracts and 1,856 call contracts. The put:call ratio was 0.9, down 7.5% for the week. The decrease is a bullish indicator. Compared with the S&P/TSX 60 Index which fell 2.3 points (or 0.2%) in the week, this represented a relative price increase of ...