MSFT Calls Rise; Stocks Edge Higher
Stocks turned in a positive day despite a big earnings warning from Cisco.
Biotechs were the day’s top sector while gold and silver was the weakest.
At the close, the VIX had increased .20 to 30.24.
Among bigger movers on heavier-than-average volume:
Microsoft
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PowerRating) rose .69 to 61.48 while the MSFT April 60 calls gained
.40 to 2.50 on more than 12,000 contracts.
IBM
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PowerRating) added 2.95 to 99.70 while the IBM April 95 puts fell 1.00 to
2.10 on more than 10,000 contracts.
Intel
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PowerRating) eased .26 to 26.04 while the Intel April 27.50 calls
slipped .10 to .50 on more than 8000 contracts.