McDonalds Puts Jump; Market Mixed
A tame inflation report helped keep the Nasdaq in the green Friday, but
weakness in retailers and banks sent the Dow and S&P 500 into the red. The
Nasdaq finished 1.3% higher while the Dow and S&P 500 were down about a half
of a percent each.
At the close, the VIX had decreased .52 to 25.19.
The OEX 795 calls finished off 4 1/4 to 3 5/8.
Among bigger movers on heavier-than-average volume:
Also weak in the Dow was Wal-Mart, which fell 2 7/8 to 54 on the weakness in
the retail sector. The Wal-Mart July 55 puts rose 1 7/16 to 4 on more than
PowerRating) was one of the day’s big tech gainers, rising 18
1/8 to 62 1/2. The MicoStrategy June 50 calls jumped 11 5/8 to 15 1/8 on
Looking ahead, the next big economic numbers due out are May’s retail sales
on Tuesday and the Consumer Price Index on Wednesday.