Volatility as an asset class
Finish Line (FINL) is recently down $3.39 to $21.95 on the company seeing Q1 EPS down approx. 30%, consensus 36c. April put option implied volatility is at 34, May and August is at 35; below its 26-week average of 47.
Financial Select Sector (XLF) is recently up 7c to $15.78 as sector trades near nine-month highs. XLF overall option implied volatility of 22 is below its 26-week average of 26.
S&P 100 Options with American-style exercise (OEX) March 635 weekly calls and March 630 puts are active on total option volume of 10K contracts at CBOE. Overall option implied volatility of 20 is below its 26-week average of 24: www.cboe.com/OEX.
S&P 500® Index options with the ticker (SPXpm) is recently up $6.45 to $14.09.75 www.cboe.com/SPXpm