Cisco Calls Fall; Stocks Mixed
Stocks are mixed Monday as tech stocks remain under pressure and blue-chips
move higher. Oil services are the day’s top sector while Internets are the
weakest.
At mid-day, the VIX is down .77 to 30.43.
The OEX January 720 calls are up 2.30 to 12.50.
Among bigger movers on heavier-than-average volume:
Cisco
(
CSCO |
Quote |
Chart |
News |
PowerRating) is down 3 3/64 to 45 1/8 after establishing a new 52-week
low. The Cisco January 50 calls are down 1 1/2 to 2 1/4 on more than 8000
contracts.
Exxon Mobil
(
XOM |
Quote |
Chart |
News |
PowerRating) is up 1 3/4 to 85 7/8 as oils rebound. The XOM January
80 calls have risen 1 to 7 1/8 on more than 3500 contracts.
America Online
(
AOL |
Quote |
Chart |
News |
PowerRating) is under pressure along with most Internets and is
off 5.74 to 43.22. The AOL January 40 puts are up 1.20 to 2.20 on double average
volume.
Avanex
(
AVNX |
Quote |
Chart |
News |
PowerRating) is down 8 9/16 to 66 9/16 while the AVNX January 80 calls
are down 6 1/4 to 4 7/8 on more than 1000 contracts.