Brocade Calls Slip; Stocks Pause
Stocks took a break Thursday from recent gains as traders look ahead to the the closely watched employment
report that is due out Friday. Oil services were the day’s top sector, while
biotechs were the weakest.
At the close, the VIX was up 1.73 to 29.50.
Among bigger movers on heavier-than-average volume:
Brocade
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PowerRating) pulled back from recent gains and lost 3.80 to 46.14. The BRCD July 60 calls lost 1.40 to 4.00 on heavier-than-average volume.
Oracle
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PowerRating) fell .72 to 16.45 while the ORCL Sept. 17.50 calls fell .40 to 2.90 on heavier-than-average volume.
Dell
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PowerRating) traded down 1.80 to 24.93 while the DELL May
25 puts have gained .65 to 1.65 on heavier-than-average volume.