Dell Calls Rise; Stocks Move Higher
Following solid earnings from key companies EMC and Merrill Lynch, stocks
have moved higher Tuesday as traders wait for more economic news and earnings
reports.
At mid-day, the VIX has decreased 1.12 to 24.82.
The OEX February 710 calls are down .30 to 15.00.
Among bigger movers on heavier-than-average volume:
Dell
(
DELL |
Quote |
Chart |
News |
PowerRating) has gained 1 1/4 to 26 3/4 despite having issued an earnings
warning. The Dell May 27 1/2 calls have added 3/4 to 3 1/2 on more than 4600
contracts.
Texas Instruments
(
TXN |
Quote |
Chart |
News |
PowerRating) has fallen 3 3/4 to 44 13/16 while the TXN
February 45 calls have lost 2 3/4 to 3 1/2 on triple average volume.
Federal Express
(
FDX |
Quote |
Chart |
News |
PowerRating) has gained 1.79 to 43.02 while the FedEx February
40 calls have gained 1.10 to 3.70 on more than 4000 contracts.
Market bellwether General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) has added 15/16 to 46 11/16 while
the GE February 45 calls have gained 9/16 to 3 3/8 on more than 4000 contracts.