JDSU Calls Rise; Stocks Mixed
Stocks are mixed with the Nasdaq positive and the Dow negative following an
early Nasdaq run to 2700 where it found resistance. Biotechs are the day’s top
sector, and chemicals are the weakest.
At mid-day, the VIX has decreased .05 to 28.64.
The OEX January 685 calls are up 1.50 to 16.50.
Among bigger movers on heavier-than-average volume:
JDS Uniphase
(
JDSU |
Quote |
Chart |
News |
PowerRating) is up 2 13/16 to 52 7/32 while the JDSU January 55
calls have risen 3/4 to 2 on more than 6800 contracts.
Storage leader EMC
(
EMC |
Quote |
Chart |
News |
PowerRating) is taking a breather following recent gains and
is off 1 3/4 to 71 3/8. The EMC February 70 puts have added 1 1/8 to 6 1/4 on
more than 4500 contracts.
Broadcom
(
BRCM |
Quote |
Chart |
News |
PowerRating) is one of the day’s big winners, rising 11 3/16 to 127.
The BRCM January 145 calls have gained 1 7/8 to 2 13/16 on heavier-than-average
volume.
DoubleClick
(
DCLK |
Quote |
Chart |
News |
PowerRating) is up 3 3/16 to 14 7/16 after beating earnings
estimates. The DCLK January 12 1/2 calls are up 1 9/16 to 2 5/16 on more than
1400 contracts.