Intel Calls Rise; Nasdaq Rallies
Semiconductors soared 12% Thursday, and that helped rally the Nasdaq to a
3.6% gain. Semis were obviously the top sector while integrated oils were the
weakest.
At the close, the VIX was up 3.31 to 39.70.
Among bigger movers on heavier-than-average volume:
Intel
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INTC |
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PowerRating) jumped 3 1/8 to 28 11/16 while the Intel July 35 calls
added 3/4 to 1 5/8 on more than 14,000 contracts.
General Electric
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GE |
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PowerRating) fell 1.30 to 37.70 while the GE April 42 1/2 puts
gained 1.50 to 5.90 on more than 12,000 contracts.
Ciena
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CIEN |
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PowerRating) soared 7 15/16 to 58 5/8 while the Ciena April 72 1/2 calls
jumped 1 5/16 to 2 9/16 on more than 10,000 contracts.