BEAS Calls Rise; Stocks Rally
Stocks rallied into the close Monday in orderly trading that erased some of
Friday’s losses. Internets were the day’s top sector while semiconductors were
the weakest.
At the close, the VIX was down .02 to 36.74.
Among bigger movers on heavier-than-average volume:
BEA Systems
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PowerRating) gained .72 to 29.10 while the BEAS May 40 calls rose
.36 to 1.80 on heavier-than-average volume.
Merrill Lynch
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PowerRating) eased .20 to 55.00 while the Merrill April 60 calls
slipped .25 to .60 on more than 12,000 contracts.
In the chips, Xilinx fell .79 to 31.40 while the Xilinx May 30 puts rose .37
to 4.00 on more than 10,000 contracts.