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

by 3/13/2001 2:53 PM
Stocks quoted in this article:
VeriSign (VRSN 36-1/16) has fallen to a new 52-week low today, despite the Nasdaq's bounce. There has been some question about how easily the company's new agreement for registering domain names on the Internet will be ratified and other competitive issues in that regard. VRSN was trading as high as 214-3/8 less than six months ago.

Despite the horrendous decline, VRSN calls are still trading more heavily than puts. The most active VRSN options today are the March 40 call, which has seen almost 300 contracts change hands, and the April 40 call which has traded about 200 contracts. <
permalink


by 3/13/2001 1:48 PM
Stocks quoted in this article:
Delta Airlines (DAL 40.94) warned investors that is expects to post a loss for its current quarter. The company blames a reduced flight schedule, a weakening economy, and customers' fears of a possible strike. The third-largest airline in the U.S. expects a loss 70 to 90 cents per share, well below Street expectations of a profit of 46 cents per share.

Currently, the stock fell more than five percent in trading. The shares gapped below their 10-day and 20-day moving averages, but have found support at the 40 level. <
permalink


by 3/13/2001 12:38 PM
Stocks quoted in this article:
QUALCOMM Inc. (QCOM 51-1/4) announced the MSM6000 solution, the first integrated circuit and software solution to assist manufacturers in development and production of lower priced third-generation wireless handsets. QCOM shares are still thrown back to their range of late 1999 but are rallying today on the news.

Over 2,000 QCOM March 55 calls have already traded today, along with over 1,300 April 60 calls. QCOM March puts have also seen brisk action, as 1,700 contracts of the March 50 put and over 1,800 of the QCOM March 60 put have already changed hands today.<
permalink


by 3/13/2001 10:59 AM
Stocks quoted in this article:
"The morning after the night before" might be an appropriate way to describe how some investors are feeling today, after yesterday's losses. The good news is that the AMEX Biotechnology Index (BTK 497.5), AMEX Networking Index (NWX 483.21) and the PHLX Semiconductor Index (SOX 594.95) are bouncing higher in mild rallies this morning.

In a display of rotation, some of the more defensive groups such as The AMEX Pharmaceutical Index (DRG 382.0) and Morgan Stanley Healthcare Payors (HMO 435.42), along with PHLX Oil Service Index (OSX 128.79) and S&P Retail Index (RLX 840.3) are taking a breather instead. Of course, this could all change as the trading day wears on.
permalink


by 3/13/2001 10:56 AM
Stocks quoted in this article:
Discouraging news for Tricon Global Restaurants (YUM 37.48) today The parent of Taco Bell, KFC, and Pizza Hut was found guilty yesterday in an Oregon court of violating wage and hour laws at its Taco Bell chain. YUM will be required to issue back wages to thousands of workers. The amount of these wages has yet to be determined. The shares are trading down more than three percent today, breaching its 20-day moving average in the process. YUM has only faced one daily close below this short-term trendline since January 12. The equity remains above its weekly and monthly moving averages. <
permalink

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

Partner Center

© 2015 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.