SUNW Calls Rise; Stocks Shine
Stocks soared Thursday following predominately better-than-expected earnings
announcements and market-friendly testimony from Alan Greenspan on Capital Hill.
Internets and software were the strongest sectors while gold and silver and
drugs were the weakest.
By the close, the VIX had decreased .46 to 22.06.
The OEX 810 calls finished up 3 1/8 to 6 5/8.
Among bigger movers on heavier-than-average volume:
Prior to its better-than-expected earnings announcement after the bell, Sun
PowerRating) rose 4 1/8 to 98 1/16. The SUNW July 100 calls gained 1
1/8 to 1 7/16 on more than 16,000 contracts.
PowerRating) added to early gains and closed up 21 3/8 to 128 1/8
on news it will be added to the S&P 500 on July 26. The JDSU Aug 125 calls
soared 5 to 5 1/8 on heavier-than-average volume.