Blogging Options: CBOE Mid-day Update

Volatility as an asset class

Delta Air (DAL) is recently up 60c to $9.98 on strong demand and traffic outlook. January put option implied volatility is at 37, March is at 38; compared to its 26-week average of 55.
 
Boeing (BA) is recently up 71c to $76.11 following strong Q4 margins and weaker 2012 than expected 2012 guidance. BA has a had wide intr-day trading range of $72.95-$76.70. February call option implied volatility is at 22, March is at 23; below its 26-week average of 33.
 
Textron (TXT) is recently down $3.33 to $24.94 on the company seeing better than expected guidance. February call option implied volatility is at 34, March is at 32; below its 26-week average of 43.
 
CBOE Interest Rate 5 Year Note (FVX) is recently down 14.9% to 7.67 after the FOMC announced its keeping target interest rate between 0% and 0.25%.