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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.72-0.2%Jan 28 3:59 PM EST

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To: Wyätt Gwyön who wrote (44390)10/25/1999 4:42:00 PM
From: Wyätt Gwyön  Read Replies (2) of 152472
 
"We're seeing a lot of buildup in short-term, one-month out options in tech stocks we trade" such as Qualcomm (QCOM:Nasdaq), a tech investor darling that nonetheless sits squarely in a rollicking sector, according to one market maker from LETCO, which trades Qualcomm options on the Pacific Exchange. Hypersensitive to even a micro-disappointment in earnings, "nobody seems to want to go out further than November" with option bets, he added.

Other than next month, however, traders are waiting until next year to place big option bets.
thestreet.com
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