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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.72-0.2%3:59 PM EST

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To: Craig Schilling who started this subject9/5/2002 12:58:41 PM
From: detlef gerlach  Read Replies (1) of 152472
 
3. Qualcomm (QCOM, Trade) boasted the most-active put option on both the CBOE and the PHLX on Wednesday, as nearly 22,000 contracts traded at the January 25 put strike. Small blocks traded on the out-of-the-money option throughout the day, the vast majority of which translated as new open interest. Technically speaking, the security has been directionless of late, hovering in a sideways range below the 35 mark.
From Schaeffer's Option Activity Watch.

What does this mean?

Detlef Gerlach
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