CSCO Calls Rise; Stocks Mixed
Techs have moved higher Wednesday while blue chips are taking a breather.
Broker/dealers are the top sector while oil services are the weakest.
At mid-day, the VIX is up .23 to 27.82.
Among bigger movers on heavier-than-average volume:
Cisco
(
CSCO |
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PowerRating) is up 1.19 to 18.99 while the CSCO May 17.5 calls have
gained .65 to 2.25 on heavier-than-average volume.
Exxon Mobil
(
XOM |
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PowerRating) is down 1.80 to 87.00 as oils pull back. The XOM
October 90 puts are up .70 to 6.90 on heavier-than-average volume.
Broadcom
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BRCM |
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Chart |
News |
PowerRating) has gained 3.44 to 45.40 while the BRCM November 50
calls have added 1.60 to 11.40 on heavier-than-average volume.