Volatility as an asset class
WebMD (WBMD) is recently up $4.73 to $30.24 after the online health-information provider raised its full-year guidance and gave better than expected Q2 outlook. June call option implied volatility is at 38, September is at 40 is below its 26-week average of 48.
Fusion-io (FIO) is recently down $4.55 to $13.45 after announcing the resignations of its Chief Executive Officer and Chief Marketing Officer. June call option implied volatility is at 59, September is at 55; compared to its 26-week average of 49.
Zillow (Z) is recently down $6.35 to $56.59 after the real-estate website operator expressed concerns of slowing revenue growth. June call option implied volatility is at 54, June is at 44, November is at 43; compared to its 26-week average of 55.
AOL (AOL) is recently down $3.53 to $37.89 after the internet portal reported less than expected earnings. May call option implied volatility is at 37, June is at 49, July is at 53, October is at 68; compared to its 26-week average of 49.
CBOE S&P 500 2% OTM BuyWrite Index (BXY) is recently up 25c to 1300.70, above its 10-day moving average of 1293.82 and its 50-day moving average of 1273.20. www.cboe.com/BXY
Actives: AAPL C CLF GOOG FIO DIS BAC WFM BIDU ABX
CBOE Volatility Index (VIX) is recently up 5c to 12.88. VIX May 14, 17 and 20 calls are active on total option volume of 204K contacts at the CBOE.
CBOE DJIA Volatility Index (VXD) is recently up 0.4% to 11.75. www.cboe.com/VXD
S&P 100 Options (OEX) is recently up 1.96 to $732.14 on corporate earnings and accommodating Federal Reserve policy.