Microsoft Calls Rise; Stocks Mixed

Stocks are mixed Tuesday following a weak durable goods order report and more
downside in consumer confidence. Insurance is the top sector of the day while
Internets are the weakest.

At mid-day, the VIX is up .76 to 28.10.

The OEX March 665 calls are up.50 to 11.50.

Among bigger movers on heavier-than-average volume:

Microsoft
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gained 1 3/8 to 60 15/16 while the MSFT March 60 calls
are up 3/4 to 3 1/8 on more than 8000 contracts.

Nike
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is down 9.10 to 40.07 after issuing an earnings warning. The
Nike March 45 puts have jumped 4.15 to 5.20 on more than 2000 contracts.

Oracle
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is down 7/8 to 22 5/16 while the Oracle March 25 puts have
gained 7/8 to 3 7/8 on more than 4000 contracts.

Fuel Cell
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has gained 4 3/16 to 53 9/16 while the FCEL March 60
calls have added 1 1/8 to 2 1/8 on heavier-than-average volume.