|Day Low/High||1.80 / 1.85|
|52 Wk Low/High||1.53 / 3.15|
Investors in Mechel OAO saw new options begin trading this week, for the December 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MTL options chain for the new December 20th contracts and identified the following call contract of particular interest.
Shares of Mechel OAO (MTL) plummeted Thursday after one of the Russian miner's largest lenders said it's highly unlikely a buyer would save the indebted company.
Trade-Ideas LLC identified Mechel OAO (MTL) as a weak on high relative volume candidate
Investors in Mechel OAO saw new options become available this week, for the November 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MTL options chain for the new November 22nd contracts and identified the following call contract of particular interest.
Shares of Mechel OAO (MTL) hit a one-year low Monday after Russia's economy minister said bankruptcy was "a probable scenario" for the metals and mining group.
In trading on Friday, shares of Mechel OAO entered into oversold territory, changing hands as low as $1.66 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
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