CMRC Calls Rise; Nasdaq Sinks
Nasdaq stocks took it on the chin again Monday, as the index fell 1.6%
following continued weakness in Intel. Biotechs and banks were the top sectors
while semiconductors were the weakest.
At the close, the VIX had increased .38 to 24.55.
The OEX October 800 calls fell 3 to 4 5/8.
Among bigger movers on heavier-than-average volume:
Commerce One
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PowerRating) avoided the selloff Monday and rose 5 to 80 3/4. The
Commerce One October 87 1/2 calls added 3 13/16 to 5 3/4 on heavier-than-average
volume.
eBay
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PowerRating) also held up well, rising 13/16 to 72 3/8 while the eBay
October 67 1/2 calls rose 2 1/2 to 10 1/4 on more than 6500 contracts.
Emulex
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EMLX |
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PowerRating) rose 8 13/64 to 121 3/4 while the Emulex October 135 calls
rose 4 3/4 to 6 on 855 contracts.
Qualcomm
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PowerRating) pulled back 3 to 70 following some solid performance over
the last two weeks. The Qualcomm October 75 calls fell 1 5/8 to 3 1/8 on double
average volume.