Brocade Calls Fall; Nasdaq Tanks
Warring factions in Florida weighed heavily on the Nasdaq Tuesday as the
average sank 5% to its lowest level in over a year. Forest and paper products
were the day’s top sector while Internets were the weakest.
At the close, the VIX was up 1.20 to 30.22.
Among bigger movers on heavier-than-average volume:
Brocade
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BRCD |
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PowerRating) added to big early declines and finished down 28 to 161.
The Brocade December 190 calls fell 10 3/8 to 4 7/8 on more than 6,000
contracts.
Broadvision
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BVSN |
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PowerRating) fell 6 1/4 to 24 1/16 while the Broadvision December
25 puts gained 2 1/2 to 3 1/4 on quadruple average volume.
Teradyne
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PowerRating) fell 3 3/4 to 30 3/4 while the Terayon December 30 puts
gained 1 7/16 to 2 3/16 on heavier-than-average volume.
Microsoft
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PowerRating) fell 3 11/16 to 67. The Microsoft December 70 calls
fell 1 3/4 to 1 5/8 on more than 5000 contracts.