Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Abercrombie & Fitch (ANF) is recently down $7.83 to $47.91 on margins weakened by cost pressures. December and January put option implied volatility of 54 is above its 26-week average of 43.
 
Autodesk (ADSK) is recently up $2.10 to $36.14 on better than expected Q3 profits and revenue growth. December and January call option implied volatility of 40 compares to its 26-week average of 44.
 
Chevron (CVX) December call option implied volatility is at 32, January is at 28; compared to its 26-week average of 30 as oil trades above $101.60.
 
CBOE Volatility Index-VIX CBOE Volatility Index-VIX down 31c to 30.91; S&P 500 flat into Friday’s November expiration. About 100 more advancers than decliners on the NYSE.
 
VIX methodology for Energy Select Sector SPDR (VXXLE) down 1.8% to 40.08.