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Stock Weekly: Loblaw (L:CAD64.22) put call ratio increases 2.7%, stock decreases 1.4%

Jan 15, 2021 - News Bites Canadian Markets
Mergers and Acquisitions-Financial Results


Loblaw Companies Limited (TSX:L), Canada's largest Defensive retailer company by market cap, has decreased 89.0c (or 1.4%) in the past week to close at CAD64.22. Open interest contracts on exchange traded options included 1,521 put contracts and 3,354 call contracts. The put:call ratio was 0.5, up 2.7% for the week. The increase is a bearish indicator. Compared with the S&P/TSX 60 Index which fell 6.2 points (or 0.6%) in the week, this represented a relative pr...