Intel Puts Rise; Stocks Post Gains
Stocks are higher Monday in orderly trading that has reversed some of
Friday’s slide. Internets are the day’s top sector while semiconductors are the
weakest.
At mid-day, the VIX is unchanged at 36.76.
Among bigger movers on heavier-than-average volume:
Intel
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INTC |
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PowerRating) is off 1.02 to 22.61 following some negative comments from
Dan Niles of Lehman Brothers. The INTC July 25 puts are up .42 to 4.30 on more
than 11,000 contracts.
Redback Networks
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RBAK |
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PowerRating) is up .25 to 13.08 while the RBAK April 15 calls
are down .15 to 1.05 on more than 10,000 contracts.
Krispy Kreme
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KREM |
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PowerRating) is up .82 to 34.70 while the KREM April 35 calls
have added .82 to 34.70 on heavier-than-average volume.
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