Brocade Calls Rise; Stocks Mixed
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:
Brocade
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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
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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.
JDS Uniphase
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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
contracts.
Ford
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F |
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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.