Cisco Puts Rise; Techs Tumble
Stocks are lower Friday as big-cap tech woes continue to weigh on the market.
Semiconductors are the top sector while Internets are the weakest.
At mid-day, the VIX is up .63 to 24.72.
The OEX February 700 calls are down 2.60 to 3.20.
Among bigger movers on heavier-than-average volume:
Cisco
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PowerRating) continues to cast a shadow and is off 1 1/4 to 28 3/4. The
Cisco February 30 puts have gained 3/4 to 1 15/16 on more than 6000 contracts.
Fuel cells are being pressured and Power-One
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PowerRating) is down 5 1/4 to 26
15/16. The PWER February 30 puts are up 2 3/4 to 4 1/8 on heavier-than-average
volume.
Oracle
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ORCL |
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PowerRating) is down 3 to 24 1/8 while the Oracle February 27 1/2 puts
are up 2 1/8 to 3 5/8 on heavier-than-average volume.
Tibco
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PowerRating) is down 4 5/16 while the Tibco February 35 puts have jumped
4 3/8 to 7 1/8 on heavier-than-average volume.