Brocade Calls Rise; Stocks Mixed
- December 28, 2000
- Daniel Beighley
Stocks are mixed Thursday with select techs under pressure and dragging the
Nasdaq down while blue chips are generally higher. Broker/dealers are the top
sector of the day, and transports are the weakest.
At mid-day, the VIX is down .21 to 32.10.
The OEX January 720 calls are down 1.50 to 7.60.
Among bigger movers on heavier-than-average volume:
PowerRating) is up 4 3/16 to 93 and is a standout in the tech arena.
The BRCD January 85 calls are up 3 3/4 to 14 1/2 on more than 5000 contracts.
Storage king EMC
PowerRating) is up 1 11/16 to 69 while the EMC January 60 calls
are up 1 1/2 to 12 1/4 on more than 3000 contracts.
PowerRating) is giving up some of its recent gains and is down 3
to 44 5/16. The JDSU January 40 calls are down 1 5/8 to 8 1/4 on more than 2700
PowerRating) is showing strength and is up 1/2 to 24 1/16 while the Ford
January 25 calls are up 1/8 to 5/8 on more than 3000 contracts.