Intel Calls Fall; Nasdaq Craters
Stocks finished mixed Monday as the Nasdaq suffered a 2.8% plunge while the
Dow managed to post a 0.5% gain. Banks and oil services were the top sectors of the day while biotechs
and Internets were the weakest.
At the close, the VIX ended down .42 to 23.43.
The OEX October 770 calls gained 1 to 12.
Among bigger movers on heavier-than-average volume:
Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) added to last week’s big decline with a loss of 1 7/16 to
40 1/8. The Intel October 40 calls lost 3/4 to 2 3/4 on more than 12,000
contracts.
IBM
(
IBM |
Quote |
Chart |
News |
PowerRating) gained 5 3/16 to 117 13/16 to help the Dow finish in the green.
The IBM January 01 puts fell 3 to 10 on more than 6000 contracts.
Check Point Software
(
CHKP |
Quote |
Chart |
News |
PowerRating) was one of the few bright spots in the Nets,
as it gained 11 to 168 1/2. The Check Point October 190 calls added 1 3/4 to 2
3/4 on triple average volume.
Extreme Networks
(
EXTR |
Quote |
Chart |
News |
PowerRating) plunged 14 to 100 1/2 while the Extreme Networks
October 110 calls fell 7 7/8 to 4 7/8 on double average volume.