Siebel Puts Soar; Stocks End Mixed

Stocks began the week with a mixed close, with the Nasdaq down 2.6% and the
Dow up 0.3%. Oils were the top sector while the semis were the weakest.

At the close, the VIX was down .24 to 30.04.

Siebel
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added to early gains and finished down 3.93 to 33.18. The
SEBL April 40 puts jumped 2.40 to 7.60 on more than 11,000 contracts.

Intel
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lost 1.82 to 26.30 while the Intel April 30 calls lost .30
to .10 on more than 11,000 contracts.

Motorola
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gained .49 to 13.75 while the Motorola May 15 calls added
.10 to .85 on more than 14,000 contracts.