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Stock Weekly: Loblaw (L:CAD69.88) put call ratio increases 2.3%, stock decreases 0.5%

Apr 16, 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 32.0c (or 0.5%) in the past week to close at CAD69.88. Open interest contracts on exchange traded options included 1,504 put contracts and 4,148 call contracts. The put:call ratio was 0.4, up 2.3% for the week. The increase is a bearish indicator. Compared with the S&P/TSX 60 Index which rose 8.1 points (or 0.7%) in the week, this represented a relativ...