EMC Calls Fall; Stocks Sink
Stocks are lower Friday following a March jobs report that showed the biggest
decline in jobs since November 1991. Biotechs are the day’s top sector while
semiconductors are the weakest.
At mid-day, the VIX is up .61 to 35.59.
Among bigger movers on heavier-than-average volume:
Storage leader EMC
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PowerRating) is down 1.55 to 30.20 while the EMC April 30
calls are down 1.00 to 2.80 on more than 17,000 contracts.
Amgen
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PowerRating) is up 57/64 to 57 45/64 to help the biotechs. The AMGN
April 50 calls are up 3/4 to 8 1/2 on more than 5,000 contracts.
OpenWave Systems
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PowerRating) is down .76 to 19.04 while the OPWV April 20
calls are up .35 to 2.10 on more than 10,000 contracts.