Microsoft Calls Rise; Stocks Mixed
Stocks are mixed Friday as blue chips have slipped and tech stocks have edged
higher. Internets are the day’s top sector while chemicals are the weakest.
At mid-day, the VIX has increased .06 to 27.15.
The OEX January 710 calls are down .80 to .90.
Among bigger movers on heavier-than-average volume:
Microsoft
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PowerRating) has gained 4 1/4 to 59 3/4 after meeting earnings
estimates. The MSFT February 60 calls have risen 1 1/2 to 3 3/8 on more than
14,000 contracts.
Infospace
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PowerRating) has gained 1/2 to 9 3/16 while the Infospace January 10
puts have fallen 1/2 to 1 on more than 25,000 contracts.
Sun Micro
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PowerRating) has fallen 3 13/16 to 31 1/16 while the Sun Januaru 35
puts have jumped 2 7/16 to 4 on more than 6000 contracts.
AOL
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AOL |
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PowerRating) is showing strength and is up 3.21 to 52.98. The AOL February
55 calls are up 1.10 to 2.65 on more than 6000 contracts.