Cisco Puts Rise; Nasdaq Sinks
Techs are under pressure Friday and that is keeping the Nasdaq nearly 2% in
the red. Airlines are the day’s top sector while Internets were the weakest.
At mid-day, the VIX is up 1.04 to 31.21.
The OEX 700 calls are down 2.00 to 13.50.
Among bigger movers on heavier-than-average volume:
Cisco
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CSCO |
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PowerRating) is off 2 1/2 to 37 1/16 as even the golden big caps take a
hit. The Cisco January 37 1/2 put are up 1 1/16 to 3 1/2 on more than 3000
contracts.
Verisign
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PowerRating) is also under pressure, falling 4 3/8 to 75 3/8. The
VRSN January 90 calls are down 2 3/4 to 3 1/2 on heavier-than-average volume.
Wal-Mart
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WMT |
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PowerRating) has gained 1 5/16 to 54 1/4 to lead the Dow. The Wal-Mart
January 57 1/2 calls have added 3/16 to 15/16 on more than 3000.
Advanced Micro Devices
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AMD |
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News |
PowerRating) has fallen 7/16 to 13 15/16, but the AMD
January 02 30 calls have gained 3/16 to 15/16 on more than 3000 contracts.