Microsoft Calls Rise; Stocks Lower
Stocks are lower as traders choose to wait-and-see what sort of outcome the
election produces. Oil services and forest and paper products are the day’s top
sectors while semiconductors are the weakest.
At mid-day, the VIX is down .03 to 27.00.
The OEX November 770 calls are down 1 to 6.
Among bigger movers on heavier-than-average volume:
Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) has gained 1 15/16 to 71 7/16 while the Microsoft
November 75 calls have added 3/8 to 1 on more than 4000 contracts.
Xilinx
(
XLNX |
Quote |
Chart |
News |
PowerRating) has fallen 5 7/8 to 67 in a weakened semiconductor group.
The XLNX January 01 75 calls are down 3 5/8 to 6 5/8 on more than 10,000
contracts.
Applied Micro Circuits
(
AMCC |
Quote |
Chart |
News |
PowerRating) is down 7 13/16 to 68 9/16 as selected
techs remain under pressure. The AMCC December 70 puts are up 3 1/2 to 10 3/4 on
more than 3000 contracts.
Broadcom
(
BRCM |
Quote |
Chart |
News |
PowerRating) is off 28 1/2 to 190 1/2 while the BRCM November 200
puts have jumped 14 3/8 to 19 3/8 on double average volume.