After an abbreviated trip into record territory, markets have given up most of the morning gains.  ~10.5mm options contracts trade by mid-day, with SPX (643K) and VIX (371K) leading the Index volume at CBOE.  RUT recorded over 51K option contracts, with SPY at 1.1mm and AAPL checked in with over 600K.

The energy sector has shown the most strength in the morning session, with Utilities showing the least spark.  BIDU halts its recent slide and is up $6, GOOG adds $4.50, AMZN $3 to the plus side, with AXP, IBM & V off almost $2 each. KO increases stake in Keurig by 4%.   10-year bond up two ticks

Equity options closed Monday for Presidents Day (Family Day holiday in Canada), regular hours this afternoon.  For a recap of VIX Futures holiday trading hours, scroll back two days in this blog.

have a good long weekend.