WCOM Calls Ease; Stocks Fall
Stocks are sharply lower Tuesday as earnings warnings continue to frighten
buyers away from technology. Drugs are the day’s top sector while Internets are
the weakest.
At mid-day the VIX is up 5.01 to 39.76.
Among bigger movers on heavier-than-average volume:
WorldCom
(
WCOM |
Quote |
Chart |
News |
PowerRating) is down 1 3/16 to 17 1/2 while the WCOM April 20 calls
are down 1/4 to 3/8 on more than 6000 contracts.
Ford
(
F |
Quote |
Chart |
News |
PowerRating) is down .71 to 27.90 while the Ford May 25 puts have added .05 to
.60 on a big jump in volume on more than 22,000 contracts.
Concord EFS
(
CEFT |
Quote |
Chart |
News |
PowerRating) is down 15/32 to 40 17/32 while the CEFT June 45
calls have eased 1/4 to 2 1/4 on more than 12,000 contracts.
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