MSFT Calls Jump; Stocks Rally

Stocks are sharply higher Tuesday as earnings season kicks off with an
announcement for Motorola scheduled for after the bell. Internets are the day’s
top sector while health care is the weakest.

At mid-day, the VIX is down 2.85 to 33.89.

Among bigger movers on heavier-than-average volume:

Microsoft
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has added 2.14 to 59.29 while the MSFT April 60 calls
have gained .75 to 2.00 on more than 19,000 contracts.

CheckPoint
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has jumped 5.33 to 57.40 while the CHKP July 60 calls
are up 2.50 to 10.50 on more than 14,000 contracts.

Amazon
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has gained 2.05 to 13.23 while the AMZN April 10 calls are
up 1.70 to 3.50 on more than 1000 contracts.