Blogging Options: CBOE Mid-day Update

Volatility as an asset class

Best Buy (BBY) is recently down $1.13 to $21.51 after CEO Brian Dunn resigned.  April call option implied volatility is at 41, May and June is at 39; compared to its 26-week average of 36.

VIX methodology for Apple (VXAPL) up 7% to 42.89; above its 50-day moving average of 31.56 as APPL trades near record high.

VIX methodology for Google (VXGOG) is recently up 5.2% to 36.91; above its 50-day moving average of 28.53.  GOOG is recently trading at upper end of historic price range into the release of financial results on April 12.

VIX methodology for IBM (VXIBM) is recently up 7.9% to 22.95, above its 50-day moving average of 19.52. IBM  is recently trading near the upper end of its historic price range.

VIX methodology for Amazon (VXAZN) is recently up 7% to 44.48; above its 50-day moving average of 35.04.

VIX methodology for Goldman Sachs (VXGS) is recently up 7.8% to 37.56; above its 50-day moving average of 34.70.

U.S. equities are lower on concerns of global growth uncertainty into the start of earnings season.

CBOE Volatility Index-VIX recently up 10.9% to 20.86, 10-day moving average is 15.95, 50-day moving average is 17.29.