Stocks quoted in this article:
The Dow Jones Industrial Average (INDEXDJX:.DJI) is flirting with breakeven at midday -- down just 0.2 point at 16,154.24 -- following a round of downbeat economic data. In particular, the NAHB housing market index came in well below estimates, and the Empire State manufacturing survey posted a sharper-than-expected month-over-month decline.
Here are a few noteworthy stats at midday:
- The equity put/call volume ratio across all 12 options exchanges checks in at 0.75, with calls outpacing puts. At last check, 3.61 million calls had been swapped, versus 2.72 million puts.
- Among the equities with significant call volume is Ciena Corporation (NYSE:CIEN), which is up 3.2% to trade at $25.81, benefitting from a pair of price-target hikes at Evercore Partners and MKM (in both cases, to $32 from $28). At last check, over 96% of CIEN's options volume had traded on the call side.
- The Nasdaq Exchange shows an advance/decline ratio of 2.73, with advancers outstripping declining issues by a nearly 3-to-1 margin.
- One of the Nasdaq's noteworthy gainers today is JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), which has charged 7.7% higher to $10.35, after announcing that its multi-crystalline silicon solar cells have exceeded 19% conversion efficiency.
- The CBOE Volatility Index (VIX) has gained 0.5 point, or 3.3%, to 14.02, after finishing below the 14 level -- for the first time since Jan. 23 -- last Friday.
- The put/call volume ratio on the iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) -- down 0.4% at $41.77 -- registers at 0.93, with call volume slightly outweighing put volume.
View a real-time chart of the Dow Jones Industrial Average (INDEXDJX:.DJI).