WorldCom Calls Rise; Stocks Rebound
Stocks are higher Thursday as both the Dow and Nasdaq are holding above their
respective 10,000 and 2,000 levels. Broker/dealers are the day’s top sectors
while gold and silver is the weakest.
At mid-day, the VIX is down 2.29 to 32.30.
Among bigger movers on heavier-than-average volume:
WorldCom
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WCOM |
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PowerRating) is up 1 5/16 to 17 3/4 and is adding to yesterday’s
gains that were triggered by positive comments from CEO Bernie Ebbers. The
WorldCom June 15 calls are up 5/8 to 4 on more than 2000 contracts.
NVIDEA
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NVDA |
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PowerRating) is up 4 7/16 to 61 1/2 while the NVDA March 55 calls have
gained 3 3/8 to 6 1/2 on heavier-than-average volume.
Globespan
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PowerRating) is down 3 1/4 to 21 3/8 while the Globespan March 22
1/2 calls are down 1 5/16 to 3/4 on heavier-than-average volume.
Cisco
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PowerRating) is up 11/16 to 20 15/16 while the Cisco March 20 calls are
up 3/16 to 1 1/8 on more than 19,000 contracts.