Cisco Calls Rise; Stocks Rally
Stocks reversed and early morning selloff and rallied to close at their highs
of the day. Biotechs were the day’s top sector while gold and silver was the
weakest.
At the close, the VIX was down 1.78 to 27.72.
Among bigger movers on heavier-than-average volume:
Cisco
(
CSCO |
Quote |
Chart |
News |
PowerRating) gained .98 to 19.64 while the CSCO May 20 calls added .40
to 1.30 on heavier-than-average volume.
Dell
(
DELL |
Quote |
Chart |
News |
PowerRating) added .91 to 25.84 while the Dell May 25 puts eased .40 to
1.25 on heavier-than-average volume.
General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) gained 1.43 to 49.93 while the GE May 50 puts eased
.80 to 1.55 on heavier-than-average volume.