Blogging Options: CBOE Morning Update Friday 8/12

Volatility as an asset class
 
CBOE Volatility Index (VIX) closed @ 39, above a close of 20.95 on July 18.
 
CBOE Volatility Index-VIX methodology for iShares MSCI Emerging Markets Index Fund (VXEEM) closed @ 48.75, above a close of 25.18 on July 18.
 
VIX methodology for iShares Trust FTSE China 25 Index Fund (VXFXI) closed @ 46.06, above a close of 25.19 on July 18.
 
VIX methodology for iShares MSCI Brazil Index Fund (VXEWZ) closed @ 53.77, above a close of 24.96 on July 18.
 
VIX methodology for Market Vectors Gold Miners Fund (VXGDX) closed @ 47.04, above a close of 32.47 on July 18.

VIX methodology for Energy Select Sector SPDR (VXXLE) closed @ 45.65, above a close of 27.34 on July 18.
 
 
Stock Mover’s
 
Nvidia (NVDA) is recently up 11% in pre-open trading following a better than expected Q3 outlook. Overall option implied volatility of 81 is above its 26-week average of 52.
 

CBOE significant call volume increases
SIRI 1/21/2012 2 23K contracts

ALL 1/21/2012 30 227K
ORCL 1/19/2013 30 15K
C1 1/21/2012 5.0000 9K
EXXI 9/17/2011 19 9K
BAC 8/20/2011 8 8K
CSCO 8/20/2011 16 8K
KGC 1/19/2013 25 7K 

Retail Sales July +0.5%

June Sales revised up to +0.3% from +0.1%

X-Autos July +0.5% from +0.2%

European stocks doing very well this morning (+ ~2%)

S&P Futures higher by 8 points