As you may, or may not, know, SchaeffersResearch.com has a put/call ratio filter tucked away under the Quotes & Tools section, one which I have found particularly useful during expiration weeks. This particular filter tracks daily open interest changes among options with less than three months until expiration. In other words, it tracks sharp jumps or declines in a stock's Schaeffer's put/call open interest ratio (SOIR).
One of the standouts from yesterday's filter is real estate investment trust Ventas Inc., ticker symbol VTR. The stock's SOIR rocketed 132% higher over the weekend from a reading of 0.98 to 2.28. In today's edition of the Casual Contrarian, I take a closer look this options activity in order to assess its potential impact on your trading.
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