Schaeffer's Trading Floor Blog

Midday Market Stats: Dow Jones Industrial Average Dips 17 Points

BZH declines on disappointing earnings results

by 11/12/2012 11:48 AM
Stocks quoted in this article:

The Dow Jones Industrial Average (DJI - 12,798.67) is down 17 points, or 0.1%, as some upbeat data out of China has been overshadowed by persistent concerns regarding the economy and the looming "fiscal cliff." Elsewhere, the CBOE Market Volatility Index (VIX - 17.56) is 1.1 points, or 5.6%, lower.

Here are a few noteworthy stats at midday:

  1. The equity put/call volume ratio across all 10 options exchanges stands at 0.98, with 2.8 million calls traded so far today, versus 2.7 million puts.

  2. Among the equities with call-heavy activity is Leap Wireless International, Inc. (NASDAQ:LEAP - 6.02), despite falling 1.8% today after Deutsche Bank lowered its 2013 earnings projections for the company. Currently, calls account for 98.1% of the security's intraday option volume.

  3. The put/call volume ratio on the iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX - 36.04) sits at 4.08, with puts more than quadrupling calls.

  4. The New York Stock Exchange (NYSE) shows an advance/decline ratio of 0.83, with the number of downward movers outnumbering the advancers.

  5. Among the NYSE's major decliners is Beazer Homes USA, Inc. (NYSE:BZH - 14.16), which has shed almost 15% in intraday trading after reporting weaker-than-expected quarterly earnings this morning.
Unusual Option Volume at Midday

permanent link

Partner Center

© 2015 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242 Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email:

All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.

Market Data provided by | Data delayed 15-20 minutes unless otherwise indicated.