Stocks quoted in this article:
The Dow Jones Industrial Average (INDEXDJX:.DJI) is up 37.9 points, or 0.2%, at 16,171.14, with investors shrugging off downbeat existing home sales data from the National Association of Realtors. Specifically, sales of previously owned homes dropped by a steeper-than-forecast 5.1% in January, to a seasonally adjusted annual rate of 4.62 million.
Here are a few noteworthy stats at midday:
- The equity put/call volume ratio across all 12 options exchanges checks in at 0.64, with calls outweighing puts. At last check, 4.69 million calls had changed hands, versus 3.02 million puts.
- Among the equities with significant call volume is Qlik Technologies Inc (NASDAQ:QLIK), which is up 3.6% to trade at $28.91, following a fourth-quarter earnings beat last night. At last check, nearly 95% of QLIK's options volume had traded on the call side.
- The New York Stock Exchange (NYSE) shows an advance/decline ratio of 1.95, with advancers roughly doubling decliners.
- One of the NYSE's noteworthy winners today is Beazer Homes USA, Inc. (NYSE:BZH), which has popped 3.8% higher to $21.56. Yesterday afternoon, the homebuilder appointed a new Phoenix-division president.
- In the latest American Association of Individual Investors (AAII) survey, the percentage of bulls and neutral investors both increased week-over-week to 42.2% (from 40.2%) and 35.0% (from 32.5%), respectively. The percentage of bears, however, slid to 22.8% from 27.3%.
- The CBOE Volatility Index (VIX) has shed 0.5 point, or 3.3%, to 14.31, but remains on track to finish above the 14 level for the third straight session.
- The put/call volume ratio on the iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) -- down 1% at $42.11 -- registers at 1.48, with put volume racing ahead of call volume.
View a real-time chart of the Dow Jones Industrial Average (INDEXDJX:.DJI).