Micron Calls Rise; Stocks Edge Lower
Following Monday’s run-up, stocks are lower Tuesday, with the Dow giving back
the most with a 1% loss. Semiconductors and Internets are the day’s top sectors
while broker/dealers and retailers are the weakest.
At mid-day, the VIX has increased .69 to 21.04.
The OEX August 820 calls are down 1 1/2 to 2 3/4.
Among bigger movers on heavier-than-average volume:
Among the semis, Micron
(
MU |
Quote |
Chart |
News |
PowerRating) is posting solid gains, rising 3 to 83 1/2.
The Micron August 85 calls are up 1 1/8 to 2 on triple the average volume.
National Semiconductor
(
NSM |
Quote |
Chart |
News |
PowerRating) is also scoring a nice gain, up 1 7/16 to 39 7/16. The
National Semi September 35 calls are up 1 to 7 1/4 on more than 10 times the
average volume.
Bristol Meyers
(
BMY |
Quote |
Chart |
News |
PowerRating) has gained 2 7/8 to 53 1/2 while the Bristol Meyers
August 50 calls have added 2 5/16 to 3 5/8 on more than triple the average
volume.
Atmel
(
ATML |
Quote |
Chart |
News |
PowerRating) has gained 3 1/4 to 32 9/16 while the Atmel August 30 calls
have gained 1 15/16 to 2 13/16 on more than quadruple the average volume.
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