Blogging Options: CBOE Mid-day Update

Volatility as an asset class

MasterCard (MA) is recently up 41c to $391.72; a new record high after reporting better than expected quarterly results on February 2. Overall option implied volatility of 27 is below its 26-week average of 37.

Visa (V) is recently down 15 to $107.21 into the expected release of Q1 results on February 8. Overall option implied volatility of 28 is near its 26-week average of 31.
 
American Express (AXP) is recently up 49c to $52.30. Overall option implied volatility of 23 is below its 26-week average of 30.

Capital One (COF) overall option implied volatility of 29 is below its 26-week average of 39.

CBOE Volatility Index-VIX down .20 to 17.54, 10-day moving average is 18.31, 50-day moving average is 22.89.