The Dow Jones Industrial Average (DJI) is reversing this morning's losses, up 128 points midday, while the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) struggle for direction. The start of earnings season is at the forefront of investors' minds today, as many watch for signs of economic pressure within company forecasts. Meanwhile, oil prices are falling sharply, with West Texas Intermediate (WTI) crude last seen down 7.3% to dip back below $100 per barrel. 

CSX Corp (Nasdaq: CSX) is seeing an options surge today, with overall volume running at 11 times the intraday average. So far, 8,103 calls and 10,000 puts have crossed the tape, with the August 30 put seeing the most activity. Barclays slashed its price target by $2 to $39 earlier this morning. CSX is down 1.3% to trade at $28.47 at last glance and was earlier as low as $28.14 -- nearing its July 5 18-month low of $28.09. 

The best performing stock on the Nasdaq so far today is Canoo Inc (Nasdaq: GOEV) after the electric vehicle (EV) maker made a deal to sell electric trucks to Walmart (WMT). GOEV is up 85.5% to trade at $4.39 at last glance and was earlier as high as $5.00 -- a level that acted as support through the start of the year and could be coming in as resistance as the stock struggles to make it out of penny stock territory. Options traders are also targeting this stock, with overall volume at 101 times the intraday average. Year-over-year, the equity is still down 52.5%. 

Meanwhile, among the worst stocks on the New York Stock Exchange (NYSE) is Grove Collaborative Holdings Inc (NYSE: GROV), last seen down 15.5% to trade at $5.02 and on the Short Sell Restricted (SSR) list. Today's drop could be correction from GROV's recent jump higher, after news that Kohl's, Meijer, and other stores have added its products to their shelves. The stock is down 48.8% year-to-date. 

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