Real-Time Market Insights
Hot Stock News for Options Traders
Stocks quoted in this article:

The Dow Jones Industrial Average (INDEXDJX:DJI) is set to rebound out of the gate today, as Wall Street celebrates the latest big-name earnings report, and waxes optimistic ahead of key data points. Specifically, Twitter Inc (NYSE:TWTR) last night reported stronger-than-expected earnings, and investors are anxiously awaiting the latest gross domestic product (GDP) estimate and Federal Open Market Committee (FOMC) policy statement. In addition, traders are dissecting the Automatic Data Processing (ADP) figures, which could provide hints about the health of the labor market ahead of Friday's highly anticipated nonfarm payrolls report.

Plus, our Trading Topic of the Week -- Trading Low-Priced Options: DO buy higher-delta options. The closer an option's delta is to 1.00 (for a call, or negative 1.00 for a put), the likelier it is that the option will retain some intrinsic value at expiration. This offers you some "insurance" against the possibility of a total loss.

And now, on to the numbers...

Dow Jones Industrial Average, S&P and Nasdaq futures

Futures on the Dow Jones Industrial Average (INDEXDJX:.DJI) are nearly 45 points above fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 1.07 million call contracts traded on Tuesday, compared to 639,071 put contracts. The resultant single-session equity put/call ratio edged higher to 0.60, while the 21-day moving average increased to 0.59.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

  • The U.S. dollar index is fractionally higher at 81.25.
  • Crude oil is poised to bounce back from Tuesday's dip, up 0.2% at $101.18 per barrel.
  • Gold, meanwhile, is testing round-number support, down 0.01% at $1,300.40 an ounce.
Currencies and commodities

Earnings and Economic Data

The ADP employment report, the Commerce Department's advance reading on second-quarter GDP, and the regularly scheduled crude inventories will come out today, as will the latest policy decision from the FOMC. Akamai Technology (AKAM), Barrick Gold (ABX), Ctrip.com International (CTRP), Garmin (GRMN), Glu Mobile (GLUU), Goodyear Tire & Rubber (GT), Halcon Resources (HK), Humana (HUM), Huntsman (HUN), Kinross Gold (KGC), Kraft Foods (KRFT), Lorillard (LO), MetLife (MET), Noble Corp (NE), Phillips 66 (PSX), Pitney Bowes (PBI), SodaStream International (SODA), Sprint Communications (S), Suncor Energy (SU), TASER International (TASR), Tesoro (TSO), Valero Energy (VLO), Western Digital (WDC), Whole Foods Market (WFM), Yamana Gold (AUY), and Yelp (YELP) will step into the earnings confessional.

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