Cisco Calls Slip; Nasdaq Pumeled
The Nasdaq swoon continued Tuesday, with the average sinking 3.4% following
analyst downgrades of Xilinx and Altera. Oil services and integrated oils were
the top sectors while Internets and semiconductors were the weakest.
At the close, the VIX had increased 1.11 to 27.44.
The OEX October 760 calls closed down 3 1/4 to 3.
Among bigger movers on heavier-than-average volume:
PowerRating), fell 2 1/8 to 43 1/4 in a bloodied semiconductor
sector. The Texas Instruments October 45 puts rose 1 1/2 to 4 1/4 on more than