The DJIA hit a new 52-week peak, while the SPX touched an all-time high
The Dow Jones Industrial Average (DJIA) is flirting with triple-digit gains, crossing the 18,200 level to touch a new annual high. Stocks continue to react to Friday's upbeat jobs data, while Japan's election results have sparked expectations for a fresh round of stimulus overseas. Elsewhere, kicking off a week chock-full of Fed speeches, Kansas City Fed President Esther George said the U.S. economy was "resilient." Not to be outdone, the S&P 500 Index (SPX) broke into all-time-high territory -- tagging 2,141.22 earlier -- as earnings season prepares to ramp up.
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Among the stocks with unusual call volume is finance stock Huntington Bancshares Incorporated (NASDAQ:HBAN), with the contracts crossing at 44 times their usual pace. At last check, the stock was up 1.6% at $8.85 after an analyst upgrade, and it looks like options traders are purchasing new positions at HBAN's January 2017 8-strike call.
Among the best performers on the Nasdaq is biopreservation specialist BioLife Solutions Inc (NASDAQ:BLFS), up 77.1% at $2.71, after announcing a 10-year supply agreement with biotech stock Kite Pharma Inc (NASDAQ:KITE).
Body camera stock Digital Ally, Inc. (NASDAQ:DGLY) is among the worst performers on the Nasdaq today, down 7.8% at $6.17. The stock skyrocketed on Friday following a fatal police shooting in Dallas, putting the shares above their 200-day moving average for the first time in a year. Separately, the firm said it has filed a patent infringement suit against Enforcement Video, LLC.
The CBOE Volatility Index (VIX) is up 0.8%, or 0.1 point, to 13.30.
Today's put/call volume ratio on the SPDR S&P 500 ETF Trust (SPY) is 0.87, with calls having a rare edge over puts. SPY is up 1.1 points, or 0.5%, at $213.72.
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