Qualcomm Calls Jump; Stocks Sink
Stocks remain mired in red Friday as the Presidential vote deadlock drags on.
Healthcare and drugs are the top sectors of the day, and semiconductors are the
weakest.
At mid-day, the VIX is up 3.29 to 32.93.
The OEX November 740 calls are down 3 3/8 to 7 7/8.
Among bigger movers on heavier-than-average volume:
Qualcomm
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PowerRating) is avoiding the selloff and is up 2 5/8 to 75 5/16. The
Qualcomm December 65 calls are up 4 1/4 to 14 1/2 on more than 8000 contracts.
Gateway
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PowerRating) is down 6.70 to 39.50 and is being hit because of worries
over Dell
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PowerRating). The Gateway November 40 calls are down 4 to 2 on
heavier-than-average volume.
Microsoft
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MSFT |
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PowerRating) is off 2 3/4 to 68 1/8 while the Microsoft November 40
puts are up 1 1/4 to 4 on more than 3,000 contracts.
Storage giant EMC
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EMC |
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PowerRating) is down 3 3/8 to 81 5/8 while the EMC January 01
75 calls are down 2 3/8 to 14 3/8 on more than 12,000 contracts.