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Stock Weekly: Loblaw (L:CAD61.88) put call ratio increases 0.7%, stock decreases 1.1%

Feb 19, 2021 - News Bites Canadian Markets
Mergers and Acquisitions-Financial Results


Loblaw Companies Limited (TSX:L), Canada's 2nd largest Defensive retailer company by market cap, has decreased 70.0c (or 1.1%) in the past week to close at CAD61.88. Open interest contracts on exchange traded options included 1,529 put contracts and 3,639 call contracts. The put:call ratio was 0.4, up 0.7% for the week. The increase is a bearish indicator. Compared with the S&P/TSX 60 Index which fell 2.3 points (or 0.2%) in the week, this represented a relativ...