Blogging Options: CBOE Mid-day Update

Exxon Mobil (XOM) is recently down 1.3%, near a four-month low as WTI crude trades down 2.62% to $97.48. July 87 calls and July 80 puts are active. June put option implied volatility is at 22, July is at 24; above its 26-week average of 20 according to Track Data. Elevated volatility suggests larger price movement.

Amazon.com (AMZN) overall option implied volatility of 32 is near its 26-week average of 34, suggesting non-directional price movement. 

Las Vegas Sands (LVS) June 41, 42 and 43 calls active with total CBOE volume of 91K contracts. June option implied volatility of 35 is below its 26-week average of 52; suggesting decreasing price movement into the expected release of Q1 results after the market close.