Cisco Calls Rise; Stocks Rally
Stocks are solidly higher Monday following a weak showing in the NAPM.
Semiconductors are the top sector of the day while transports are the weakest.
At mid-day, the VIX is down .53 to 27.24.
Among bigger movers on heavier-than-average:
Cisco
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PowerRating) is up 1.68 to 17.28 while the Cisco May 17.5 calls are up
.60 to 1.30 on more than 33,000 contracts.
Fuel Cell
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PowerRating) is up 3.73 to 67.76 while the FCEL May 70 calls are up
1.80 to 4 on heavier-than-average volume.
MiniMed
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PowerRating) is down .06 to 40.93 while the MNMD May 45 calls are down
.80 to 1.20 on heavier-than-average volume.