AOL Call Volume Jumps; Stocks Mixed

A bounce in semiconductors and Internets has the Nasdaq posting solid gains
Thursday while the Dow and S&P 500 are hovering around breakeven. Internets
and biotechs are the day’s top sectors while oil services is the weakest.

At mid-day, the VIX has increased .79 to 27.35.

The OEX November 750 calls are up 3/8 to 16.

Among bigger movers on heavier-than-average volume:

America Online
(
AOL |
Quote |
Chart |
News |
PowerRating)
is up 1.40 to 53.40 to help recharge the Net sector.
The AOL November 60 calls are up .10 to .40 on more than 41,000 contracts. In
addition, the AOL December 60 calls are up .45 to 1.75 on more than 20,000
contracts.

Intel
(
INTC |
Quote |
Chart |
News |
PowerRating)
is up 1 7/8 to 46 3/4 following some positive comments from
company management on Wednesday. The Intel November 45 calls are up 13/16 to 3
1/4 on more than 5000 contracts.

Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating)
is up 1 41/64 to 66 while the Yahoo! November 60 calls are
up 7/8 to 8 3/4 on more than 4000 contracts.

Phillip Morris
(
MO |
Quote |
Chart |
News |
PowerRating)
has eased 13/16 to 35 3/4 while the Phillip Morris
November 35 calls have declined 3/8 to 1 7/8 on more than 6000 contracts.