Hewlett Packard (HPQ) $ 30.63 -2.42%

Hewlett Packard (HPQ) $ 30.63 -2.42%: Hewlett-Packard (HPQ) has seen a spike impressive $ 34 per share, and helped lift the Dow Jones Industrial Average off its worst level in about thirty minutes ago, reports the company could spin off its PC business and is close to an agreement to buy the Independence. The story was obviously referring to Bloomberg TV (unconfirmed). Shares have been interrupted and then re-marketing. Profits are down, and shares with other parts of the Dow 29. HP is off 2.4 percent $ 30.63 and the upper surface of the first options trades titles hit the wires. At 09:48 a customer has sold a $ 2.84 in 1000 August 32 August 31, 2000 and purchased in the $ 2.05 is the ISE. Backspread seems to be a short-term volatility to play forward in the result. The company has today, tomorrow and the options expire in August. In addition, the volume is much smaller lots. Contracts traded on 139k HP. A typical volume through the middle of the day is 23K. Implicit HP Vols have up to 22 percent of 53.5