Sun Micro Calls Jump; Stocks End Mixed
Blue chips took a breather Tuesday, sending the Dow down 1% and the S&P
500 down 0.5%. The Nasdaq, however, managed to hang on to a 2 point gain.
Semiconductors and Internets were the day’s top sectors while broker/dealers and
retailers were the weakest.
By the close, the VIX had increased .62 to 20.97.
The OEX August 815 calls ended down 2 3/8 to 4 5/8.
Among bigger movers on heavier-than-average volume:
PowerRating) gave up some early gains but still finished up 1 7/8
to 52 1/2. The Bristol Meyers September 55 calls gained 1 to 1 15/16 on more
than 5000 contracts.