Nashwan
Short

Strong Put to Call open interest ratios Confirmed BEARISH

AMEX:XOP   SPDR S&P OIL & GAS EXPLOR & PRODUCT
190 1 0
With Broken the Uptrend and 50 SMA confirmed by High Volume bearish Candle we think this one will goes down especially that we have such Strong Put to Call open interest ratios 9.91 % as we have 376435 Put open Interest against 37999 Call contracts @ DEC 2013 and Nov Option Contracts
still down
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