Volatility as an asset class
VIX methodology for iShares Silver Trust (VXSLV) closed at 39.35; above its 50-day moving average of 25.95.
CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) closed at 51.29, above its 50-day moving average of 30.38.
PepsiCo (PEP) is up 3.00 to $81.85 after reporting a Q1 beat on organic revenue growth of 4.4%. Overall option implied volatility of 15 is at its 26-week average of 15.
SanDisk (SNDK) is up $0.18 to $55.90 after the flash-memory maker raised its revenue outlook to $5.6B to $5.75B. Overall option implied volatility of 41 is above its 26-week average of 37.
eBay (EBAY) is down $2.73 to $53.35 on double-digit increases in Q1 revenue and profit. Overall option implied volatility of 31 is near its 26-week average of 32.
VIX methodology for Google (VXGOG) closed at 27.10, above its 50-day moving average of 25.34 into Q1.
Options expected to be active on open; IBM MSFT PEP GE HON MCD SCSS BAC INTC SNDL ABX EBAY GOOG
CBOE S&P 500 BuyWrite Index (BXM) closed at $945.94; below its 10-day moving average of 947.67 and above its 50-day moving average of 935.56. www.cboe.com/BXM
CBOE Volatility Index (VIX) closed at 16.51, above its 10-day moving average of 13.82, and its 50-day moving average of 13.58. www.cboe.com/VIX. It was 16.73, up 0.22 a few moments ago.
Markets off slightly, unable to hold pre-market rally.
Calls with increasing volume at CBOE:
S 8/17/2013 8.0000 68K contracts
SPY 4/20/2013 157 27K
BAC 5/18/2013 13 22K
Puts with increasing volume at CBOE:
IWM 12/31/2013 60 93K
SPY 4/20/2013 152 42K
VXX 9/21/2013 11 24K
MS 10/19/2013 15 22K
NOK 5/18/2013 3.50 19K