Options Expiration Pins (SPY)


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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.

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