Lucent Calls Fall; Stocks Ease
Stocks are taking a breather Monday following last week’s big gains. Oil
services are the day’s top sector while semiconductors are the weakest.
At mid-day, the VIX is down 1.95 to 67.05.
Among bigger movers on heavier-than-average volume:
Lucent
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PowerRating) is down .36 to 9.15 as tech comes under some pressure. The
Lucent May 10 calls are down .35 to .85 on more than 24,000 contracts.
Microsoft
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PowerRating) is down 1.95 to 67.05 while the MSFT May 70 calls are
down .85 to 2.00 on more than 21,000 contracts.
Cisco
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PowerRating) is off 1.75 to 17.40 while the Cisco May 20 calls are down
.70 to .70 on more than 24,000 contracts.
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