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Weekly: Paramount Resources put call ratio decreases 8.7%, stock lifts 2.9% September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Paramount Resources Ltd. (TSX:POU), Canada's 12th largest Oil & gas - exploration & production company by market cap, has increased 37.0c (or 2.9%) in the past week to close at CAD13.31. Open interest contracts on exchange traded options included 5,202 put contracts and 2,690 call contracts. The put:call ratio was 1.9, down 8.7% for the week. The decrease is a bullish indicator. Compared with the S&P/TSX 60 Index which rose 14.9 points (or 1.6%) in the week, th...