To: Patrick Slevin who wrote (36316 ) 3/8/1998 11:50:00 AM From: ViperChick Secret Agent 006.9 Read Replies (1) | Respond to of 58727
its your mac.... don sew cant use the site either it crashes his system I have no problem...but I have a Pentium II 300 occasionally the streaming quote chart wont work for me...but I love the streaming quote chart...I need the visuals... Friday March 6, 7:14 pm Eastern Time U.S. OPTIONS FOCUS/Vols on techs options ease CHICAGO, March 6 (Reuters) - Implied volatility in most technology stocks eased on Friday, even after Motorola Inc (MOT - news) said late Thursday its first quarter profits would not meet industry expectations -- the sector's second profit warning in two days. Volatility on Motorola options was nearly unchanged, while volatility on options on Intel Corp (INTC - news), which issued a profit warning on Wednesday, dipped. ''If we get another company that says their earnings are going to get whacked, we might see (implied volatility) get squeezed. ''There's still a lot of demand and it's coming from everywhere. People want to own these stocks and if we get a slow steady rise (in the stock prices), vols will come off some more,'' an options dealer said. Implied volatility on March at-the-money calls on Motorola was steady to slightly firmer around 34 percent even as the stock fell 2-6/16 to 53-5/16, the lowest level since November 1996. March at-the-money implied volatility on Intel calls and puts eased to the high 20-percent range as the stock recovered 2-9/16 to 78-1/8 after Thursday's sharp fall. A rebound in the tech sector lifted investor sentiment and contributed to a broader-based rally. Shrugging off stronger than expected February employment data released before the open, the S&P 100 (.OEX) jumped 9.65 points, or almost two percent, to 502.79. The S&P 500 (.SPX) surged to a fresh record, adding 20.64 points to 1,055.69. The Market Volatility Index (.VIX), which measures implied volatility on the OEX, fell 2.38 points to 19.75. Options analysts said equity put/call ratios were flagging bearish signals. Index put/call ratios had been distorted by heavy institutional put selling recently, they said. After the market closed, trading in Compaq Computer (CPQ - news) stock was halted in after-hours trading after the company said its first-quarter results would fall short of Wall Street's expectations. The stock closed 9/16 higher at 27-11/16. March at-the-money implied volatility on calls was around 55 percent. Electric the Dell Head:Message 3639455