Stocks quoted in this article:
The Dow Jones Industrial Average (INDEXDJX:.DJI) is up 140 points, or 0.9%, this afternoon at 15,879.59, after word hit the Street that U.S. gross domestic product (GDP) increased at a seasonally adjusted annual rate of 3.2% in the fourth quarter -- in line with expectations. Meanwhile, pending home sales plunged in December, likely due to the atypical cold front that swept the U.S. Plus, initial jobless claims rose to a higher-than-expected, seasonally adjusted 348,000 last week.
Here are a few noteworthy stats at midday:
- The equity put/call volume ratio across all 12 options exchanges stands at 0.74. Roughly 4.3 million calls, compared to about 3.2 million puts, have crossed the tape so far.
- Among the names with call-heavy trading activity today is Citrix Systems, Inc. (NASDAQ:CTXS), which has seen close to 65% of its intraday options volume change hands on the call side. On the charts today, CTXS is down 8.5% at $52.73, after earlier plunging to a two-year low, on a gloomy 2014 earnings forecast.
- The New York Stock Exchange (NYSE) shows an advance/decline ratio of 4.5, with advancers outstripping declining stocks by a margin of more than 4-to-1.
- Among the top performers on the Big Board today is Under Armour Inc (NYSE:UA), which is up 23.7% to trade at $105.40. Earlier, the shares flew to a record peak of $106.64, thanks to strong fourth-quarter earnings data.
- The CBOE Volatility Index (VIX) is pointed 7.8% lower at 15.99, after yesterday finishing north of the 17 mark.
- The iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) has fallen 3.4% today to $44.87, after yesterday toppling the $45 level for the second time in 2014. Meanwhile, the ETN's put/call volume ratio stands at 2.51, with put volume taking a healthy lead over call volume.
View a real-time chart of the Dow Jones Industrial Average (INDEXDJX:.DJI).