Tuesday, May 22, 2007

OptionsXpress Share Price, Options Trading Rise on Takeover Speculation

(Bloomberg) -- OptionsXpress Holdings Inc. shares
surged and options to buy the stock jumped to a record amid
speculation the online brokerage will be acquired.

Shares of the Chicago-based company rose 6.7 percent
yesterday, the most since June. The number of call-option
contracts traded increased more than 30-fold to an all-time high.
OptionsXpress shares rose again today, while options volume
remained higher than normal.


Read more at Bloomberg Stocks News

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