JDSU Puts Sink; Nasdaq Rallies
The Nasdaq is solidly higher Wednesday, led in part by renewed strength in
the semiconductor stocks. Oil services, on the other hand, remain the weakest
sector.
At mid-day, the VIX has decreased .35 to 32.19.
The OEX January 720 calls are up .20 to 8.30.
Among bigger movers on heavier-than-average volume:
JDS Uniphase
(
JDSU |
Quote |
Chart |
News |
PowerRating) has jumped 3 5/8 to 45 1/2, while the JDSU January 45
puts have fallen 3 1/8 to 5 3/8 on heavier-than-average volume.
Vitesse
(
VTSS |
Quote |
Chart |
News |
PowerRating) has gained 4 3/4 to 59, while the VTSS January 70 calls
have risen 1 3/16 to 2 7/16 on heavier-than-average volume.
Blue Martini Software
(
BLUE |
Quote |
Chart |
News |
PowerRating) has gained 2 9/16 to 13 1/16, while the BLUE
January 12 1/2 calls have added 1 3/4 to 2 3/4 on heavier-than-average volume.
WorldCom
(
WCOM |
Quote |
Chart |
News |
PowerRating) has gained 1/4 to 14 1/4, while the WCOM January 15 calls
have risen 1/16 to 1 1/8 on very heavy call volume of more than 17,000
contracts.