Stocks are lower heading into the last week of March. The Dow Jones Industrial Average (DJI) is down 226 points this afternoon, as bank stocks take a hit and oil prices cool. Meanwhile, U.S. trade deficit data ticked off the first item on a packed economic slate for the week. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also swimming in red ink, after the 5- and 30-year Treasury yield curves inverted and stoked recession fears. Traders continue to eye the Russia-Ukraine crisis, with peace talks set to take place in Turkey today.

One stock seeing an unusual amount of options activity today is Energy Transfer LP Unit (NYSE: ET). So far, 83,000 calls and 11,000 puts have been traded, which is triple the intraday average. The weekly 4/1 10.50-strike call is the most popular, where new positions are now being opened. ET last seen up 1.9% trade at $10.78, as Wall Street continues to watch the energy sector amid the war in Ukraine. Today's price action has Energy Transfer stock contending with a familiar ceiling at the $10.80 level, while its bounce off the 180-day moving average has contributed to ET's 30.8% year-to-date lead.

Plantronics Inc (NYSE: POLY), also known as Poly, is the best performing stock on the New York Stock Exchange (NYSE) today. The equity was last seen up 49.7%at $39.18, after laptop-maker HP (HPQ) agreed to buy the electronics name for $3.3 billion, or $40 per share, which is roughly a 53% premium to its Friday close. POLY is now trading at its highest level since July, overcoming a ceiling a recent ceiling at the $30 level. Year-to-date, though, the stock is up 33.8%.

At the other end of the NYSE is Volta Inc (NYSE: VLTA), last seen pacing towards the bottom of the index. The equity is down 18.9% to trade at $3.36 at last check, after the company reported a leadership transition. Specifically, Founder and CEO Scott Mercer and Co-Founder and President Christ Wendel both resigned and left their positions on the company's board. VLTA is trading at an all-time low, and carries a 69.2% year-over-year deficit.