Volatility as an asset class
Apple (AAPL) is recently trading down $13.83 to $557.64. Apple (AAPL) April weekly 560 call option implied volatility is at 95, May is at 48, June is at 43, July and August is at 38, compared to its 26-week average of 32.
VIX methodology for Apple (VXAPL) is recently down 7.2% to 43.26, above 50-day MA of 36.23.
Big Lots (BIG) is recently down $10.04 to $35.65 following the company’s negative Q1 same-store-sales update. May and July call option implied volatility of 33 is near its 26-week average of 34.
3M Company (MMM) is recently up $1.63 to $88.76 following the company reporting Q1 EPS $1.58, consensus $1.49. May put option implied volatility is at 16, July is at 20; below its 26-week average of 24.
CBOE Volatility Index-VIX is recently down 54c to 18.43 on 183K contracts.