Stocks are pacing for yet another day of sharp losses. The Dow Jones Industrial Average (DJI) is down 541 points at midday, trading at annual lows as higher interest rates, surging inflation, recession fears, and sliding oil prices weigh on blue-chip stocks such as Boeing (BA) and Chevron (CVX). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are swimming in red ink in as well, with both also hitting new 2022 lows, as the 10-year Treasury yield continues to rise and pressure tech stocks. 

Tyson Foods, Inc. (NYSE: TSN) is seeing an influx of bullish options activity today. So far, 7,407 calls have been exchanged, compared to just 433 puts, which is 11 times the volume that is typically seen at this point. Most popular is the June 95 call, followed by the October 95 call. The security is up 1.4% at $92.07 at last check, after the company posted blowout second-quarter earnings of $2.29 per share and a revenue beat while raising its annual sales forecast amid higher prices and demand for beef and chicken. The security has been testing a floor at the $90 mark, after the $100 level rejected its latest attempt to conquer its Feb. 8, all-time high of $100.72.

One of the best stocks on the New York Stock Exchange (NYSE) today is Energizer Holdings Inc (NYSE: ENR), last seen up 10.9% to trade at $33.02. This pop came after the company hiked its 2022 sales forecast, citing strong auto care demand, after beating second-quarter sales estimates. The $29 level contained at least three of the stock's pullbacks since March, and the shares are today breaking through overhead pressure at the 60-day moving average while eyeing their highest close since February.

Near the bottom of the NYSE is Palantir Technologies Inc (NYSE: PLTR). The equity is down 20.9% at $7.50, after the software company reported a first-quarter earnings miss, and issued a disappointing current-quarter revenue forecast. Plus, Jefferies cut its price target to $13 from $16. In turn, shares earlier fell to a record low of $7.32, and are now pacing for their third-straight daily drop, as well as its lowest close in since going public in October 2020.