Is Selling Travelers Companies Inc Here a Winning Strategy? Option Traders Hate The Stock

 Is Selling Travelers Companies Inc Here a Winning Strategy? Option Traders Hate The Stock

In today’s session Travelers Companies Inc (TRV) recorded an unusually high (137) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious TRV decrease. With 137 contracts traded and 1514 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: TRV161216P00100000 closed last at: $1.55 or 19.2% up. About 582,883 shares traded hands. Travelers Companies Inc (NYSE:TRV) has declined 9.87% since April 5, 2016 and is downtrending. It has underperformed by 11.82% the S&P500.

Travelers Companies Inc (NYSE:TRV) Ratings Coverage

Out of 6 analysts covering Travelers (NYSE:TRV), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Travelers has been the topic of 15 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Argus Research on Wednesday, April 27. The firm has “Neutral” rating by Citigroup given on Wednesday, October 21. The stock of Travelers Companies Inc (NYSE:TRV) earned “Outperform” rating by RBC Capital Markets on Friday, January 22. The firm has “Buy” rating by Argus Research given on Monday, October 26. RBC Capital Markets maintained it with “Outperform” rating and $115 target price in Wednesday, July 22 report. The firm has “Neutral” rating by Bank of America given on Thursday, December 3. The firm earned “Buy” rating on Tuesday, June 28 by Bank of America. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) rating on Wednesday, October 21. RBC Capital Markets has “Outperform” rating and $120.0 price target. The rating was maintained by UBS on Wednesday, January 27 with “Neutral”. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) on Friday, July 22 with “Outperform” rating.

According to Zacks Investment Research, “St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents.”

The Travelers Companies, Inc. is a holding company. The company has a market cap of $30.62 billion. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance services and products to businesses, government units, associations and individuals. It has a 10.89 P/E ratio. It operates through three divisions: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.

TRV Company Profile

The Travelers Companies, Inc., incorporated on March 5, 1853, is a holding company. The Firm operates through three divisions: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance services and products to businesses, government units, associations and individuals.

More recent Travelers Companies Inc (NYSE:TRV) news were published by: Forbes.com which released: “Travelers Companies Named Top Dividend Stock With Insider Buying and 2.46 …” on October 25, 2016. Also Forbes.com published the news titled: “Travelers Companies Enters Oversold Territory” on October 21, 2016. Forbes.com‘s news article titled: “Travelers Companies Reaches Analyst Target Price” with publication date: October 11, 2016 was also an interesting one.

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