Oracle Calls Active; Stocks Slip
Stocks are mildly lower Friday despite some encouraging numbers that showed
home sales falling 9.8% in July. The top sectors of the day are forestÂ and
paper products and gold and silver while the weakest are oil services and
At mid-day, the VIX is up .37 to 19.47.
The OEX 820 calls are down 1 to 17.
Among bigger movers on heavier-than-average volume:
Voice recognition software maker Lernout & Hauspie
PowerRating) is down 3
7/16 to 31 1/4 on news the company’s chairman will step down. The LHSP September
30 puts have jumped 1 1/2 to 2 1/4 on more than 2000 contracts.