EMC Calls Rise; Stocks Rally

The Nasdaq rocketed to a third-straight positive close Thursday as earnings
pour in that have been generally good. Internets were the day’s top sector while
oil services was the weakest.

At the close, the VIX was up .01 to 28.46.

Among bigger movers on heavier-than-average volume:

Storage leader EMC
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rose 6.15 to 42.81 while the EMC April 40 calls
added 2.40 to 3.10 on more than 20,000 contracts.

Microsoft
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gained 2.61 to 68.04 while the MSFT April 65 calls
added 2.10 to 3.80 on more than 30,000 contracts.

America Online
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rose .90 to 49.90 while the AOL Oct. 55 calls tacked
on .50 to 4.70 on more than 37,000 contracts.