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Schaeffer's Sentiment Snapshot: Siemens AG (SI)

  Copy link into your clipboard //science-technology.news-articles.net/content/2 .. chaeffer-s-sentiment-snapshot-siemens-ag-si.html
  Print publication without navigation Published in Science and Technology on , Last Modified on 2009-01-27 12:31:02 by Market Wire
          🞛 This publication is a summary or evaluation of another publication


CINCINNATI--([ BUSINESS WIRE ])--The recent invasion of passengers boarding Siemens AG's (NYSE: SI) bullish bandwagon are likely cheering today's headlines. The German industrial issue this morning issued stronger-than-expected first-quarter earnings and encouraging expectations for 2009, citing strength in its energy business.

Ahead of the company's date in the earnings confessional, options traders were flocking to the bullpen faster than a BMW on the Autobahn. During the past 10 days on the International Securities Exchange (ISE), SI has seen more than 4.5 times as many calls than puts bought to open. This lofty ratio registers in the 85th annual percentile, implying that options players on the exchange have been more optimistic toward the security only 15% of the time during the past year.

To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/sentiment+snapshot+siemens+ag+si/observations.aspx?click=home&ID=90787 ]



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