JNPR Puts Sink; Nasdaq Surges
- April 18, 2001
- Daniel Beighley
A surprise rate cut sent stocks screaming higher Wednesday as the Nasdaq
notched an 8% gain. Semis were the top sector while oil services were the
At the close, the VIX was down 1.79 to 28.45.
Among bigger movers on heavier-than-average volume:
PowerRating) soared 6.54 to 57.41 while the JNPR April 50 puts sank
2.15 to .65 on heavier-than-average volume.
PowerRating) jumped 3.95 to 65.43 while the MSFT May 60 calls rose
2.60 to 7.10 on more than 18,000 contracts.
PowerRating) rose 6.80 to 106.50 while the IBM April 105 calls added 3.50 to
5.00 on more than 14,000 contracts.