Rambus Calls Tank; Stocks Mixed
Heavier-than-expected July home sales took away some of the early-morning
gains, leaving stocks mixed and roughly flat. Broker/dealers and technology are
the top sectors, while banks and airlines are the weakest.
At mid-day, the VIX has risen .79 to 19.02.
The OEX September 820 calls are down 2 3/8 to 17.
Among bigger movers on heavier-than-average volume:
PowerRating) has fallen 5 5/8 to 78 3/8 after news that Micron
is suing the chip maker. The RMBSÂ September 85 calls have plunged 3 to 3
1/2 on double the average volume.
PowerRating) continues to bounce back from its recent lows and
is up 1 to 40 1/2. The Dell September 35 calls are up 3/4 to 5 3/4 on more than