Blogging Options: CBOE Mid-day Update

Volatility as an asset class:
 
Digital commerce stocks implied option volatility is low while shares trend off of record highs

Priceline.com (PCLN) July option implied volatility of 30 is below its six-month average of 40.

Netflix (NFLX) July option implied volatility of 30 is below its six-month average of 40.

Expedia July option implied volatility of 27 is below its six-month average of 33.

Amazon.com (AMZN) July option implied volatility of 30 is below its six-month average of 32.

CBOE VIX futures June at 18.75, July 19.55, August 20.40, September at 21.65, October 22.55, November 23.01, December at 23.30, January 24.10.
 
VIX futures indicates the recent market sell off has been orderly with near term price action expected to have a tight intra-day standard deviation range into June expiration on June 17.