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Sentiment among traders remained positive after markets were given a lift on Friday by news that American employment fell less than expected in August and private hiring surprised on the upside.
The price of oil is notoriously volatile, relying on supply, demand and sentiment among traders who are natural speculators.
Similar(58)
His remarks last Thursday led to a shift in sentiment among currency traders about how the euro could be valued by early next year.
The price of some safe-haven assets such as gold receded, also reflecting a "risk on" sentiment among many traders, while the cold snap in the US and Europe helped a barrel of Brent crude bounce above the $30 mark.
This activity suggests more optimistic sentiment among options traders, as call buying is usually a bullish bet that the market or a stock will go up.
Like GNW, however, sentiment among these speculative traders appears to be moving toward the bullish end of the spectrum.
A weaker report on consumer sentiment disappointed traders.
Mr Coates has seen a similar phenomenon among traders.
Checking in with investor sentiment, options traders are quite bearish toward EAT, with the stock's SOIR of 1.99 indicating that puts nearly double calls among options with less than three months until expiration.
Speaking of investor sentiment, options traders are betting heavily on a rebound in CSCO shares.
Looking at the stocks sentiment backdrop, traders are not currently expecting a pullback in the shares.
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