BRCM Puts Fall; Stocks Rally
All three major averages moved higher Wednesday following an encouraging
batch of housing numbers. Biotechs were the top sector while gold and silver was
the weakest.
At the close, the VIX was down 1.19 to 31.27.
Among bigger movers on heavier-than-average volume:
Broadcom
(
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PowerRating) rose 4.08 to 38.10 while the BRCM August 25 puts fell
.80 to 3.10 on more than 4000 contracts.
Micron
(
MU |
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PowerRating) added 2.68 to 42.68 while the MU May 30 calls eased .30 to .45
on more than 5000 contracts.
Philip Morris
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MO |
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PowerRating) gained 2.75 to 50.70 while the Philip Morris May 45
puts lost .55 to .40 on more than 10,000 contracts.