Business Services Industry
Schaeffer's Option Blog: Smartphone News Sparks Call Activity on Verizon Communications (VZ) and Motorola, Inc. (MOT)
Business Wire, June 23, 2009
CINCINNATI -- Bullish bettors bombarded both Motorola, Inc. (NYSE: MOT) and Verizon Communications Inc. (NYSE: VZ) on Monday, following reports that two large wireless carriers plan to launch Motorola smartphones before the end of 2009. Both phones will be based on Google's (NASDAQ: GOOG) Android operating system, the Wall Street Journal reported.
According to data from WhatsTrading.com, MOT saw nearly 16,500 calls change hands yesterday, nearly quintupling its average daily volume of roughly 3,300 contracts. Most active was the stock's July 7 call, which saw single-session volume of about 13,000 contracts. The slightly out-of-the-money 7 strike is now home to peak call open interest in the front-month series, with almost 20,000 contracts in residence. Nevertheless, investors are now turning to the at-the-money July 6 call, which has seen nearly 2,000 contracts cross the tape so far today.
To continue reading this article, click here: http://www.schaeffersresearch.com/marketcenters/optionscenter/default1.aspx?id=93713&source=businesswire
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express