Blogging Options: CBOE Mid-day Update

Volatility as an asset class

MasterCard (MA) is recently trading at a record high on overall option implied volatility of 23; below its 26-week average of 27.

Visa (V) is recently trading at a record high on overall option implied volatility of 22; below its 26-week average of 26.

American Express (AXP) is recently up 5c to $58.39. Overall option implied volatility of 22 is below its 26-week average of 25.

Discover (DFS) is recently trading at a record high on overall option implied volatility of 24; below its 26-week average of 28.

Capital One (COF) is recently trading near a four-year high on overall overall option implied volatility of 26; below its 26-week average of 30.

S&P 100 Options (OEX) is recently up 1.82 to $675.04 at midday at midday the unemployment rate came in at 7.8% for September.

CBOE Volatility Index (VIX) is recently down 48c to 14.07. VIX November 24 and 30 calls are active on total option volume of 283K contacts at the CBOE.