Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
VIX methodology for stocks is low to flat into quarterly results
 
VIX methodology for IBM-VXIBM at 24.62; below its 50-day moving average of 26.70.

VIX methodology for Goldman Sachs-VXGS at 42.92; below its 50-day moving average of 51.92.

VIX methodology for Apple-VXAPL at 32.16; below its 50-day moving average of 33.12.

VIX methodology for Amazon-VXAZN at 45.69; near its 50-day moving average of 44.97.
 

Sears Holdings (SHLD) is recently down 99c to $31.99 on CIT (CIT) saying it won’t finance Sears loans to suppliers, WSJ reports. January put option implied volatility is at 91, February is at 111, March is at 120; above its 26-week average of 44. Puts are more expensive than calls because shares are difficult to borrow.