DLJ Calls Jump; Stocks Mixed
The Dow and S&P 500 are lower Wednesday while the Nasdaq is flat in a day
of light, pre-holiday trading. Broker/dealers and insurance are the top sectors
of the day while retailers and oil services are the weakest.
At mid-day, the VIX has increased .89 to 19.81.
The OEX September 830 calls are down 3 to 9 1/2.
Among bigger movers on heavier-than-average volume:
DLJ
(
DLJ |
Quote |
Chart |
News |
PowerRating) is leading the broker/dealers higher, gaining 4 3/8 to 88 7/16.
The DLJ September 70 calls are up 5 1/2 to 18 1/2 on more than 2500 contracts.
B2Bs are turning in a decent day, with Commerce One
(
CMRC |
Quote |
Chart |
News |
PowerRating) rising 5 1/2
to 57 7/8. The Commerce One September 50 calls are up 3 7/8 to 8 3/4 on more
than 3600 shares.
Also in the B2B realm, PurchasePro
(
PPRO |
Quote |
Chart |
News |
PowerRating) has gained 7 3/4 to 58 1/2
while the PPRO September 50 calls have added 4 3/4 to 8 1/2 on quadruple average
volume.
Micron
(
MU |
Quote |
Chart |
News |
PowerRating) is down 1 3/8 to 85 7/8 while the Micron September 90 puts
have gained 1 7/8 to 6 1/2 on more than 2300 contracts.