Morgan Stanley Calls Slip; Nasdaq Falls
Stocks are lower Friday following a mixed employment report. The Nasdaq is
off 2.6% and is taking the brunt of the selling. Oil services are the day’s top
sector while Internets are the weakest.
At mid-day, the VIX is up .06 to 24.05.
The OEX February 730 calls are down 2.90 to 4.50.
Among bigger movers on heavier-than-average volume:
Financials are pulling back, and that has taken Morgan Stanley
(
MWD |
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Chart |
News |
PowerRating) down
3.89 to 85.91. The MWD February calls are down 1.60 to 1.70 on more than 13,000
contracts.
Brocade
(
BRCD |
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PowerRating) is down 6 7/16 to 83 1/2 while the Brocade February 92
1/2 calls are down 2 3/8 to 2 1/4 on more than 1000 contracts.
Sycamore Networks
(
SCMR |
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Chart |
News |
PowerRating) has gained 1/16 to 30 7/8 while the Sycamore
March 40 calls have slipped 1/2 to 2 on more than 5000 contracts.
American Express
(
AXP |
Quote |
Chart |
News |
PowerRating) has gained 1.46 to 48.95 while the February 50
calls have gained .90 to 1.50 on more than 13,000 contracts.