AMD Calls Rise; Stocks Mixed

Upgrades in the chip sector have helped rally the Nasdaq Wednesday while the
Dow has retreated back around the 10,000 level. Semiconductors are the day’s top
sector, and health care is the weakest.

At mid-day, the VIX is up .27 to 33.57.

Among bigger movers on heavier0than-average volume:

Advanced Micro Devices
(
AMD |
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is up 2.33 to 23.65 along with the chips
while the AMD April 22.5 calls are up 1.05 to 2.40 on more than 14,000
contracts.

Oracle
(
ORCL |
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has eased .28 to 15.25 while the Oracle April 15 calls
have added .10 to 1.00 on more than 17,000 contracts.

Brocade
(
BRCD |
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is up 1.05 to 25.65 along with the rest of tech while the
BRCD April 22 1/2 puts have eased .20 to .60 on more than 31,000 contracts.