Stocks quoted in this article:
The Dow Jones Industrial Average (DJI - 12,947.44) is up 110.6 points, or 0.9%, at last check, with the blue-chip barometer looking to claim its first daily close atop its 20-day moving average since Oct. 18. A round of well-received global economic data, as well as indications of a positive start to the holiday shopping season, have traders expressing a risk-on attitude in today's shortened session. Conversely, the CBOE Market Volality Index (VIX - 15.11) has shed 0.2 point, or 1.3%.
Here are a few noteworthy stats at midday:
- The equity put/call volume ratio across all 10 options exchanges stands at 0.73, with 2.29 million calls changing hands so far today, compared to 1.69 million puts.
- Among equities seeing heavy call activity is Research In Motion Limited (USA) (NASDAQ:RIMM - 11.59), which has surged roughly 13% following a bullish brokerage note. Calls currently make up 63.8% of the BlackBerry maker's intraday option volume.
- The put/call volume ratio on the iPath S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX - 30.67) sits at 1.42, with puts slightly outpacing calls.
- The advance/decline ratio on the New York Stock Exchange (NYSE) arrives at 4.17. In other words, for every one stock falling in today's session, there are more than four equities rising.
- The Home Depot, Inc. (NYSE:HD - 64.55) is among the NYSE's major advancers, with the Dow component up roughly 0.7% at last check. The stock has been in a solid uptrend for some time now, pushed steadily aloft by its 40-day moving average. In fact, HD tagged a 12-year high of $64.60 in today's abbreviated session.