Applied Materials (AMAT)

[Stock]

Here's the tape on WPJAV:

Time & Sales
Price Size Exch Time
2.68 14 BOX 10/16
2.68 21 BOX 10/16
2.75 10 IOE 10/16
2.50 99 IOE 10/16
2.50 99 IOE 10/16
2.50 231 IOE 10/16
2.50 99 IOE 10/16
2.50 99 IOE 10/16
2.50 107 CBO 10/16
2.50 200 PHO 10/16
2.50 213 IOE 10/16
2.50 11 NYO 10/16
2.50 11 NYO 10/16
2.50 29 NYO 10/16
2.45 1500 IOE 10/16
2.30 369 PHO 10/16
2.30 58 IOE 10/16
2.30 97 CBO 10/16
2.30 224 IOE 10/16
2.30 31 NYO 10/16
2.30 150 NYO 10/16
2.30 50 NYO 10/16
2.30 35 BOX 10/16
2.30 20 BOX 10/16
2.30 9 NYO 10/16
2.30 1 NYO 10/16

Just guessing, looks like someone wrote calls at 2.30, then someone else opened 1,500 at 2.45, and a trend change ensued. All those 99 contract trades on the way up were somebody else following the leader.



I'm out for a few days - Brain transplant surgery.