BRCD Calls Rally; Stocks Post Gains
All three major averages finished in the green Thursday as the Y2K trading
year winds down. Oil services were the day’s top sector while transports were the
weakest.
At the close, the VIX was down 2.16 to 30.15.
The OEX January 720 calls ended down 1.60 to 7.50.
Among bigger movers on heavier-than-average volume:
Brocade
(
BRCD |
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PowerRating) held on to its morning gains and finished up 6 39/64 to
95 31/64 while the Brocade January 85 calls gained 6 7/8 to 17 5/8 on more than
5000 contracts.
Kana
(
KANA |
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PowerRating) gained 2 53/64 to 11 49/64 while the Kana January 10 calls
added 1 11/16 to 2 11/16 on heavier-than-average volume.
CacheFlow
(
CFLO |
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PowerRating) sank 10 5/16 to 21 1/16 while the CFLO January 35 calls
slid 2 3/4 to 2 1/4 on heavier-than-average volume.
Microsoft
(
MSFT |
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Chart |
News |
PowerRating) fell 1 7/8 to 44 9/16 as big cap techs remained under
pressure. The MSFT January 50 puts gained 1 to 6 3/4 on more than 9000
contracts.