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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: GST who wrote (113481)12/27/2000 3:39:37 PM
From: H James Morris  Read Replies (3) of 164684
 
Gst,
>There was heavy bullish trading in Sprint (FON:NYSE - news) options this morning for no apparent reason.

With its shares trading up just 44 cents to $20.88, more than 12,000 of its January 20 calls traded. With open interest on those particular options at merely 436 contracts before today's action, the heavy volume represents a major infusion of capital into an apparently long position.

The January 20 calls were trading at 2 1/8 ($212.50), up 9/16 ($56.25) on the day.
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