Cisco Calls Rise; Stocks Rally
- April 30, 2001
- Daniel Beighley
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:
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.
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.
PowerRating) is down .06 to 40.93 while the MNMD May 45 calls are down
.80 to 1.20 on heavier-than-average volume.