Morgan Stanley Calls Slip; Nasdaq Slides
Stocks fell Thursday as concerns over deteriorating earnings continue to
mount. Retailers were the day’s top sector while retailers were the weakest.
At the close, the VIX had decreased .43 to 24.09.
The OEX 710 calls closed down 3.10 to 2.50.
Among bigger movers on heavier-than-average volume:
Morgan Stanley
(
MWD |
Quote |
Chart |
News |
PowerRating) fell 2.20 to 78.00 as broker/dealers sank. The MWD
February 80 calls fell 1.30 to 1.60 on more than 10,000 contracts.
Applied Micro Circuits
(
AMCC |
Quote |
Chart |
News |
PowerRating) added to early losses and finished down 3
1/16 to 46 3/4 while the AMCC February 55 puts ended up 2 1/4 to 9 1/8 on more
than 14,000 contracts.
EDS
(
EDS |
Quote |
Chart |
News |
PowerRating) topped earnings estimates and that boosted the stock 5.61 to
62.51. The EDS February 60 calls finished up 3.30 to 4.40 on more than 2000
contracts.
Sycamore Networks
(
SCMR |
Quote |
Chart |
News |
PowerRating) gained 1 1/4 to 24 15/16 while the SCMR
February 22 1/2 calls fell 7/8 to 1 1/8 on more than 10,000 contracts.