AOL Calls Jump; Stocks End Mixed
Stocks finished mixed Friday with the Nasdaq managing to eke out a positive
close while the Dow and S&P 500 were in the red. Internets were the day’s
top sector, and retailers were the weakest.
At the close, the VIX had decreased .42 to 26.69.
The OEX January 700 calls lost .40 to 5.30.
Among bigger movers on heavier-than-average volume:
AOL
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AOL |
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PowerRating) rose 4.03 to 53.80 after it received kind words from Queen if
the Net Mary Meeker. The AOL January 50 calls rose 3.00 to 3.70 on more than
23,000 contracts.
Microsoft
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PowerRating) was the top Dow mover, gaining 5 1/2 or 9% to 61. The
MSFT February 60 calls gained 2 to 3 7/8 on more than 21,000 contracts.
WorldCom
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WCOM |
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PowerRating) took a breather from its recent gains and fell 1 1/4 to
22. The WCOM January 15 calls fell 1 1/8 to 7 1/8 on more than 12,000 contracts.
Nokia
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NOK |
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PowerRating) slipped 1 7/8 to 39 1/8 while the Nokia January 40 puts lost
7/16 to 7/8 on more than 12,000 contracts.