Intel Calls Ease; Stocks Positive

Stocks have bounced back from early morning lows and are holding on to a
slightly positive performance. Biotechs are the day’s top sector while gold and
silver are the weakest.

At mid-day, the VIX is up 1.36 to 31.40.

Among bigger movers on heavier-than-average volume:

Intel
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has eased .51 to 25.79 while the Intel April 27.5 calls are
down .15 to .45 on more than 8000 contracts.

Also in the chip arena, Xilinx
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has edged up .01 to 40.25 while
the Xilinx April 40 puts have eased .35 to 2.00 on more than 11,000 contracts.

IBM
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has gained 1.69 to 98.44 while the IBM April 90 puts have
fallen .50 to 1.20 on more than 10,000 contracts.