BLogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Akamai (AKAM) is recently down $4.75 to $34 after delivering strong Q1 results and disappointing margin guidance. May call option implied volatility is at 36, August is at 40; compared to its 26-week average of 49.
 
Aetna (AET) is recently down $4.77 to $44.59 after reporting Q1 EPS $1.34, consensus $1.39. May put option implied volatility is at 26, June is at 24, below its 26-week average of 31.
 
Chesapeake Energy’s (CHK) is recently down 35c to $17.89 on the CEO negotiating early termination of his well participation program. May put option implied volatility is at 61, July is at 56; above its 26-week average of 44.

UPS (UPS) is recently down $2.43 to $77.21 after reporting Q1 EPS $1.00, consensus $1.02. May put option implied volatility is at 16, June and July is at 17; below its 26-week average of 22.
 
VIX methodology for Amazon (VXAZN) +2.5% to 44.37, above 50-day MA of 36.65 into Q1.
 
Active options at CBOE: CHK, ZNGA, AMZN BAC AAPL