JDSU Calls Rise; Nasdaq Soars

Stocks finished higher Friday following an encouraging November jobs report
that suggested that the economy continues to cool. Semiconductors were the day’s
top sector while consumer stocks were the weakest.

At the close, the VIX was down 2.85 to 26.13.

The OEX 740 calls closed down .70 to 1.40.

Among bigger movers on heavier-than-average volume.

JDS Uniphase
(
JDSU |
Quote |
Chart |
News |
PowerRating)
added to early gains and finished up 7 9/16 to 74
9/16 as techs rebounded. The JDSU December 75 calls ended up 1 1/16 to 2 1/4 on
more than 10,000 contracts.

Sun Micro
(
SUMW |
Quote |
Chart |
News |
PowerRating)
fell 3 7/8 to 38 15/16 as it failed to participate in
the Nasdaq rally. The SUNW December 40 calls fell 1 5/16 to 2 11/16 on more than
14,000 contracts.

Checkpoint
(
CHKP |
Quote |
Chart |
News |
PowerRating)
rose 20 15/16 to 158 7/8 while the CHKP December 160
calls rose 5 to 6 on on triple average volume.

Veritas
(
VRTS |
Quote |
Chart |
News |
PowerRating)
gained 8 55/64 to 122 47/64 while the VRTS December 105
puts fell 2 11/16 to 1 5/16 on more than 13,000 contracts.