SUNW Calls Rise; Nasdaq Fades
The Nasdaq is giving up some of Friday’s gains and is currently off by about
1.5%. Chemicals and biotechs are the day’s top sectors while oil services and
semiconductors are the weakest.
At mid-day, the VIX is down .21 to 30.77.
The OEX 740 calls are down 2 3/8 to 3.
Among bigger movers on heavier-than-average volume:
Sun Microsystems
(
SUNW |
Quote |
Chart |
News |
PowerRating) is holding up well and is trading up 2 1/2 to
113 1/2 while the Sun Micro October 115 calls are up 1 3/8 to 4 1/2 on more than
4000 contracts.
B2B PurchasePro
(
PPRO |
Quote |
Chart |
News |
PowerRating) is up 5 7/8 to 40 15/16 following an upgrade from
Prudential. The PurchasePro November 50 calls are up 2 3/8 to 3 1/8 on five
times the average volume.
Infospace
(
INSP |
Quote |
Chart |
News |
PowerRating) is up 1 7/8 to 21 7/8 while the Infospace October 22
1/2 puts are off 3 3/4 to 2 1/8 on heavier-than-average volume.
Millennium Pharmaceuticals
(
MLNM |
Quote |
Chart |
News |
PowerRating) has gained 1 3/4 to 67 15/16 while the
MLNM October 67 1/2 calls added 3 1/8 to 3 5/8 on heavier-than-average volume.
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