Micron Calls Rise; Nasdaq Rallies
Technology stocks are sharply higher Tuesday, and that has fired up the
Nasdaq to the tune of a 4.2% gain. Semiconductors are leading the way while gold
and silver is the weakest sector.
At mid-day, the VIX is down 1.53 to 27.69.
Among bigger movers on heavier-than-average volume:
Micron
(
MU |
Quote |
Chart |
News |
PowerRating) is motivating the SOX and is up 4.29 to 43.29. The Micron
April 55 calls are up .90 to 2.00 on more than 16,000 contracts.
Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) is also strong, rising 1 7/8 to 32 1/4 while the INTC July
32 1/2 calls are up 1 to 4 1/2 on more than 3000 contracts.
Brocade
(
BRCD |
Quote |
Chart |
News |
PowerRating) is up 3 1/8 to 39 9/16 while the Brocade April 45 calls
are up 3 1/8 to 39 9/16 on more than 2000 contracts.
General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) is up 1.02 to 46.10 to help the Dow. The GE June 50
calls are up .45 to 2.60 on more than 21,000 contracts.