Major indices opened in the green again this morning, after ending Thursday’s session slightly in the red. Oil is higher, but still below the $50 mark. There are not a lot of big movers at the moment, though Tesla (TSLA) certainly had a good week, raising $1.2 billion for Model III production, and seeing shares rise from $244 to $263.
Here are your Friday morning market metrics. Industries doing well today include independent power, metals & mining, and commercial services. Industries showing weakness include auto components, biotechnology, and diversified consumer services. The VIX is down 2.32% to 10.95 after closing on Thursday at 11.21. The most heavily traded options this morning are for The Select Sector SPDR Trust – The S&P 500 SPDR ETF (SPY), with 5,068 March-31 232 puts on the board. The total put/call ratio as of 10:00 AM was 1.01 (296,160/298,944). The advancers/decliners ratio for the NYSE is 1,617/1,125 and for the NASDAQ, 1,281/1,159.