Vodafone Group Plc (ADR) Has Another Very Negative Options Trading Session

 Vodafone Group Plc (ADR) Has Another Very Negative Options Trading Session

In today’s session Vodafone Group Plc (ADR) (VOD) recorded an unusually high (718) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious VOD decrease. With 718 contracts traded and 36624 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: VOD161118P00029000 closed last at: $0.98 or 3% down. About 5.30M shares traded hands or 10.88% up from the average. Vodafone Group Plc (ADR) (NASDAQ:VOD) has declined 6.89% since March 1, 2016 and is downtrending. It has underperformed by 16.13% the S&P500.

Vodafone Group Plc (ADR) (NASDAQ:VOD) Ratings Coverage

Out of 3 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Vodafone Group PLC (ADR) has been the topic of 4 analyst reports since October 19, 2015 according to StockzIntelligence Inc. The rating was upgraded by Bank of America to “Buy” on Wednesday, April 20. The company was initiated on Tuesday, September 20 by Argus Research. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) earned “Neutral” rating by Macquarie Research on Monday, June 13. As per Monday, October 19, the company rating was upgraded by Macquarie Research.

Vodafone Group Plc is a telecommunications company. The company has a market cap of $78.05 billion. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). It currently has negative earnings. The Company’s divisions include Europe and AMAP.

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