VERT Calls Jump; Naz Battles Back

Stocks finished slightly lower Monday after a Nasdaq rally erased an
early-morning dip of 3.7%. Internets and gold and silver were the day’s top
sectors while airlines and semiconductors were the weakest.

At the close, the VIX had decreased .66 to 26.33.

The OEX October 760 calls fell 2 3/4 to 6 1/4.

Among bigger movers on heavier-than average volume:

B2Bs bounced, as VerticalNet
(
VERT |
Quote |
Chart |
News |
PowerRating)
added 3 15/16 to 25 11/16. The
VerticalNet October 30 calls added 1 1/4 to 2 on double average volume.

Vignette
(
VIGN |
Quote |
Chart |
News |
PowerRating)
was one of the day’s big gainers, rising 7 7/16 to 26
1/8. The VIGN October 25 calls gained 3 1/16 to 4 1/2 on heavier-than-average
volume.

JDS Uniphase
(
JDSU |
Quote |
Chart |
News |
PowerRating)
gained 2 3/16 to 93 9/16 while the JDS Uniphase
November 90 calls added 1 1/4 to 11 5/8 on more than 6000 contracts.

Nokia
(
NOK |
Quote |
Chart |
News |
PowerRating)
slipped 11/16 to 37 while the Nokia October 40 puts rose 1/2
to 4 7/8 on more than 11,000 contracts.