The Dow Jones Industrial Average (DJI) is up 315 points at last glance, looking to recover from some of last week's steep losses, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) sit firmly higher as well. Meanwhile, the 2-year Treasury yield is sitting near its November highs as investors look ahead to tomorrow's inflation data. 

Options traders are blasting eBay Inc (Nasdaq: EBAY), after the online marketplace acquired 3 PM Shield in a deal that closed on Feb. 9. So far, 11,000 calls and 20,000 puts have been traded, which is six times the intraday average volume. The April 35 put is most popular, with positions opening there. EBAY is up 1.1% at $48.63, sporting a 17.6% year-to-date lead. 

The New York Stock Exchange's (NYSE) Fastly Inc (NYSE: FSLY) is up 25.1% at $12.35 at last check, after BofA Global Research upgraded the shares to "buy" from "underperform," with a price-target hike to $16 from $10.50. Fastly stock is still facing pressure from the 260-day moving average, but has soared to its highest trading level since August. Year-to-date, the security is up 52.1%. 

Meanwhile, Fidelity National Information Services Inc (NYSE: FIS) is down 14.5% to trade at $64.50 at last glance, after the company revealed plans to spin off its merchant payments business. This bear gap has FIS trading at its lowest level since November, while adding to a 42.7% year-over-year deficit. 

More By This Author:

S&P 500, Nasdaq Log Worst Week In Months
Stocks Mixed Midday, Still On Track For Dismal Week
Dow Sheds More Than 200 Points On Monetary Policy Concerns