Major indices are all pretty near the starting gate in early Monday trading. A for the first time in several weeks, the market is not waking up to find oil prices, bond yields, or the value of the dollar significantly changed. WebMD (WBMD) was bought out this morning by KKR (KKR) in a $2.8 deal, causing shares of WBMD to rise 20%! Snap (SNAP) continues to take a beating in the market today, with shares down 1%.
Here are your Monday morning market metrics. Industries doing well today include internet & catalog retail, trading companies, and banks. Industries showing weakness include leisure products, multiline retail, and distributors. The VIX is up 5.65% to 9.89 after closing on Friday at 9.36. The most heavily traded options this morning are for the SPDR S&P 500 ETF (SPY), with 5,253 August 252 calls on the board. The total put/call ratio as of 10:00 AM was 0.68 (299,676/202,553). The advancers/decliners ratio for the NYSE is 1,093/1,692 and for the NASDAQ, 1,265/1,394.