Juniper Calls Jump; Nasdaq Rallies
Technology stocks staged a powerful bounce following a weaker-than-expected
retail sales report. Computer technology was the day’s top sector while airlines
were the weakest.
At the close, the VIX was down 4.38 to 30.73.
Among bigger movers on heavier-than-average volume:
Juniper
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JNPR |
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PowerRating) was one of the day’s scorchers, rising 8 15/16 to 58 5/8.
The Juniper April 55 calls rose 4 7/8 to 11 3/8 on more than 3500 contracts.
Sielbel Systems
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PowerRating) added 2 1/4 to 54 3/16 while the SEBL March 55
puts fell 4 1/2 to 25 on more than 4400 contracts.
General Electric
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GE |
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PowerRating) bounced back 2.73 to 42.33 following Monday’s nearly
10% decline. The GE March 45 puts fell 2.85 to 2.85 on more than 59,000
contracts.
Microsoft
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PowerRating) gained 2 1/4 to 54 3/16 while the Microsoft March 50
slipped 13/16 to 7/16 on more than 14,000 contracts.