Blogging Options: CBOE Mid-day Update

Volatility as an asset class:

Ford (F) is recently up 35c to $12.74 after reporting February U.S. sales rose 14%, with 179,119 vehicles sold. Overall option implied volatility of 32 is below its 26-week average of 42.

Honda (HMC) is recently up 24c to $38.35 after reporting February U.S. sales rose 7.8% to 110,157 units. Overall option implied volatility of 23 is below its 26-week average of 33.
 
General Motors (GM) is recently up 53c to $26.56 after reporting February U.S. sales rose 1.1% to 209,306 units. Overall option implied volatility of 34 is below its 26-week average of 42.
 
CBOE Volatility Index (VIX) is recently down 99c to $17.44, below its 10-day moving average is 17.95, 50-day moving average is 19.86. www.cboe.com/VIX.