Blogging Options: CBOE Mid-day Update

Netflix (NFLX) is recently down $3.94 to $151.51 on the CEO saying it will separate its movie-streaming business from its DVD-by-mail service, which will be renamed “Qwikster”. October 145 and November 145 puts are active on total option volume of 109K options on the CBOE.

MSCI Italy Index (EWI) October, November and December put option implied volatility of 67 is above its 26-week average of 38, suggesting large price movement as Italian markets trade near two-year lows.

CBOE DJIA BuyWrite Index (BXD) a benchmark index that measures the performance of a theoretical portfolio that sells DJX call options, against a portfolio of the stocks included in the Dow Jones Industrial Average is down 1% to 194.77, near its ten-day moving average of 195.09.