AMCC Calls Slip; Stocks Mixed
Stocks are mixed Monday as traders await rulings on the Florida election
hearing. Chemicals are the day’s top sector while biotechs are the weakest.
At mid-day, the VIX has decreased .05 to 31.54.
The OEX December 740 calls are down 1/4 to 1 7/8.
Among bigger movers on heavier-than-average volume:
Applied Micro Circuits
(
AMCC |
Quote |
Chart |
News |
PowerRating) is down 2 3/16 to 44 9/16 while the AMCC
February 01 calls are down 1 3/4 to 4 3/8 on more than 4000 contracts.
Cisco
(
CSCO |
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PowerRating) is down 2 11/16 to 45 13/16 along with the weakened Nasdaq.
The Cisco December 45 puts are up 15/16 to 4 on more than 3000 contracts.
Pepsi
(
PEP |
Quote |
Chart |
News |
PowerRating) is up 2 3/16 to 44 9/16 after news of the company buying
Quaker Oats. The Pepsi April 01 45 calls are up 1 1/8 to 4 1/8 on more than
17,000 contracts.
Philip Morris
(
MO |
Quote |
Chart |
News |
PowerRating) is down 1/2 to 37 1/8 while the Philip Morris December
35 puts are down 1/16 to 1/2 on more than 4000 contracts.