Schaeffer's Options Center
Sponsored by:
Schaeffer's Daily Option Blog

by 7/20/2000 12:47 PM
Stocks quoted in this article:
Tut Systems (TUTS - 84-1/2) provides multi-service broadband access systems. The stock is putting in an exceptional performance today, rallying in excess of 23 percent. The impetus for today's surge was a rather impressive earnings report. Second-quarter revenue came in at $21 million versus $5 million in the year-ago period. TUTS posted earnings of four cents per share versus analysts' estimates of a loss of four cents per share. Technically speaking, the stock was able to move higher after closing back at its supportive 10-day moving average in yesterday's activity. The shares are now just a chip shot away from their all-time intraday best of 86-1/4 from early February 1999.
permalink

by 7/20/2000 12:33 PM
Stocks quoted in this article:
SDL Inc. (SDLI - 409-7/8), which is being acquired by JDS Uniphase (JDSU - 123-5/16), is leading technology issues higher across the board in early afternoon trading. SDLI is benefiting from news that JDSU will be added to the S&P 500 Index (SPX - 1496.72). The equity is currently higher by more than 50 points, or over 13 percent, after logging an all-time intraday best of 425-1/2 earlier today. The shares have stepped up by nearly 59 percent in just the past two weeks. In SDLI's options pit today, the August 500 call has been active on volume of 1,358 contracts. This deep-out-of-the-money option has no open interest. On the put side this afternoon, 1,000 contracts have been traded at the far-out-of-the-money December 330 strike, which has open interest of only 51 contracts.
permalink

by 7/20/2000 12:32 PM
Stocks quoted in this article:
Since its near-term intraday high on May 30, General Mills (GIS - 35) has stepped back by more than 16 percent, encountering staunch overhead resistance from its descending 10-day and 20-day moving averages. So far today, the stock is unchanged, as it continues to hover beneath all of its intermediate-term and long-term moving averages. On the options front this morning, 5,000 contracts have crossed the tape on the October 35 call. This volume is likely new positions because the option's open interest stands at a mere 31 contracts. This is now among the most-active call contracts on the Pacific Exchange.
permalink

by 7/20/2000 12:30 PM
Stocks quoted in this article:
Despite today's broad-market advance, the AMEX North American Telecom Index (XTC - 1585.41) continues to trend in negative territory. The index is presently lower by greater than 15 points, slipping back below its 20-day moving average. The XTC appears poised to register its fourth consecutive losing session. The top index laggard this afternoon is Lucent Technologies (LU - 53-5/8), which is down over 17 percent after warning that its profit for the next two quarters will lag forecasts. Other XTC underperformers include Verizon Communications (VZ - 44-3/4), down 4.6 percent; Sprint FON Group (FON - 43-7/16), down four percent; and WorldCom (WCOM - 45-1/4), down 2.3 percent.
permalink

by 7/20/2000 12:06 PM
Stocks quoted in this article:
After several days of punishment in the tech sector, the group is bouncing modestly to the upside today. The S&P 500 Index (SPX - 1495.14) is up 0.89 percent. Currently on the NYSE, 1,484 advancing issues exceed 1,036 declining issues, while 584 issues are unchanged. Up volume of 266 million shares is surpassing down volume of 221 million shares. The 48 new highs are beating the 29 new lows. The Nasdaq Composite (COMP - 4160.5) is up 2.59 percent. Advancing Nasdaq issues of 2,063 are outpacing 1,500 declining issues, while 627 issues are unchanged. Up volume of 547 million shares is pushing past down volume of 226 million shares. The 49 new highs are surpassing the 27 new lows. <
permalink

Featured Brokers
ADVERTISEMENT
Unusual Option Volume
Option Flow
ADVERTISEMENT
Most Active Stocks
Most Active Option Strikes
Largest Open Interest

Partner Center

© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242 Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: service@sir-inc.com

All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.

Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.