Market Overview

Options Expiration Pins (SPY)

Options expiration ended as many thought it would, with the S&P 500 ending at 1,200.

The Dow ended up 22.1 points to 11,203 and the NASDAQ finished up 3.72 points to 2,158.

Some of the largest gainers on the day were salesforce.com (NYSE: CRM) and Loral Space & Communications Ltd. (NASDAQ: LORL).

CRM reported better than expected earnings, sending the stock up more than 18% today. LORL was the subject of takeover rumors for a company it owns a 64% stake in, Telesat.

Posted-In: Intraday Update

 

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