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Schaeffer's Option Activity Watch Features Dow Chemical, Seagate Technology, SINA Corp.

Publication: Business Wire
Publication Date: 04-FEB-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

CINCINNATI--(BUSINESS WIRE)--Feb. 4, 2004

Today's Schaeffer's Option Activity Watch features Dow Chemical (NYSE:DOW), Seagate Technology (NYSE:STX), and SINA Corp. (Nasdaq:SINA). The Option Activity Watch is a report that takes a closer look at three equities appearing in our most unusual option activity report from the previous day. The Option Activity Watch is published on www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. For additional information about this report or to have it delivered to you free via email every day click on the following link: http://www.schaeffersresearch.com/addinfo .

Schaeffer's Option Activity Watch:

1. Options players continue to pile into Dow Chemical (NYSE:DOW) calls. Open interest at the security's March 45 call jumped overnight from 19,213 to 24,204 contracts. What's more, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.52 is lower...

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