Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
CBOE S&P 500 Putwrite Index- $PUT down 7.50 to 1094.50, above its 50-day MA average of 1092.62 and below its 10-day moving average of 1098.72.

CBOE Volatility Index NASDAQ 100-VXN up 2.37 to 23.32; above its 50-day moving average is 19.47.

Stock Mover’s
 
Bank of America (BAC) short term July 10 and 11 weekly calls are active into the expected release of Q2 results on July 19. July 10 weekly straddle is priced at 58c, August standard is at 98c. August put option implied volatility of 41 is above its six-month average of 32.

Wells Fargo (WFC) short term July 26 and 27 weekly calls are active into the expected release of Q2 results on July 19. July 26 weekly straddle is priced at $1.30, August standard is at $2.04. August put option implied volatility of 31 is near its six-month average of 32.