Check Point Calls Rise; Nasdaq Rallies
The Nasdaq has added 3.3% to put it at a three-month high Monday, and the
broader market is joining the techs to the upside as well, with the S&P 500
climbing back above 1300. Internets are the day’s top sector while oil is the
At mid-day, the VIX is down .40 to 23.89.
Among bigger movers on heavier-than-average volume:
Check Point Software
PowerRating) has gained 4.14 to 60.33 to pace the
Internet stock gains. The Check Point July 60 calls have added 1.70 to 7.90 on
PowerRating) is helping the Nasdaq, gaining 1.80 to 22.00 after
hitting a three-month high. The CSCO June 20 calls have gained 1.15 to 2.60 on
more than 15,000 contracts.