Nokia Calls Slip; Stocks Split
Stocks are mixed Tuesday with technology stocks showing some follow through
on yesterday’s big end-of-day surge. Internets are the top sector while airlines
are the weakest.
At mid-day, the VIX is down 1.96 to 31.39.
The OEX January 700 calls are down 1.96 to 31.39.
Among bigger movers on heavier-than-average volume:
Nokia
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PowerRating) has lost 4 5/8 to 38 1/2 following news that its sales were
weaker-than-expected. The Nokia January 42 1/2 calls have fallen 1 11/16 to
13/16 on more than 18,000 contracts.
In the resurgent telecom group, AT&T
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PowerRating) has jumped 2 to 22 1/16 while
the AT&T January 20 calls have added 1 1/4 to 2 3/16 on more than 5000
contracts.
Microsoft
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PowerRating) has gained 2 13/16 to 51 3/4 while the Microsoft
January 50 calls have gained 1 3/8 to 3 3/8 on more than 4000 contracts.
Philip Morris
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PowerRating) has risen 1 5/16 to 43 3/8 while the Philip Morris
January 45 calls have gained 7/16 to 3/4 on more than 5000 contracts.