GE Puts Fall; Stocks Mixed
Stocks are mixed Tuesday following a weaker-than-expected retail sales
report. Computer technology is the day’s top sector while airlines are the
weakest.
At mid-day, the VIX is down .92 to 34.19.
Among bigger movers on heavier-than-average volume:
General Electric
(
GE |
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PowerRating) has bounced up 1.70 to 41.30 following Monday’s
nearly 10% decline. The GE March 45 puts have sunk 2.00 to 3.70 on more than
59,000 contracts.
Philip Morris
(
MO |
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PowerRating) has slipped .93 to 48.14 while the MO March 45 calls
have dropped 1.70 to 3.30 on more than 34,000 contracts.
Microsoft
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PowerRating) has gained 1 3/16 to 53 1/8 while the Microsoft March
50 puts have slipped 1/2 to 3/4 on heavier-than-average volume.
Sun Micro
(
SUNW |
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PowerRating) has gained 7/8 to 17 15/16 while the Sun March 17 1/2
calls have gained 1/4 to 1 on more than 12,000 contracts.