Blogging Options: CBOE Mid-day Update 7.2.13

Volatility as an asset class

DaVita (DVA) is recently down $5.73 to $115.41 on a worse than expected 2014 CMS proposal which reduced the dialysis bundled rate by 9.4%.  July call option implied volatility is at 24, August is at 26, October is at 24; compared to its 26-week average of 24.

Ford (F) is recently up 35c to $16.09 after reporting U.S. vehicle sales rose 13% from the prior year in June. July call option implied volatility is at 28, August is at 26, September is at 26, October is at 25; compared to its 26-week average of 26.

General Motors (GM) is recently down 3c to $33.98 after reporting June U.S. sales rose 6% to 264,843 vehicles. July call option implied volatility is at 26, August is at 27, September is at 26; compared to its 26-week average of 29.

iShares Silver Trust (SLV) is recently up 8c to $19.05. Overall implied volatility of 37 is above its 26-week average of 29. Silver is recently down 0.83% to $19.42.

VIX methodology for iShares Silver Trust (VXSLV) is recently down 2.8% to 41.55; above its 50-day moving average of 37.78.

SPDR Gold Trust (GLD) is recently down 61c to $120.51. July call option implied volatility is at 28, August is at 25, September is at 22; above its 26-week average of 19. Gold is recently down 0.60% to $1,248.

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) is recently up 1.3% to 49.79, above its 50-day moving average of 43.60.

CBOE Gold ETF Volatility Index (GVZ) is recently down 4.7% to $27.48.

Actives:  AAPL TSLA DELL ZNGA SVU C ABX AMZN ONXX LINE CLWR GRPN ONXX C

CBOE Volatility Index (VIX) is recently down 35c to 16.02. VIX July 17 and 23 calls are active on total option volume of 96K contacts at the CBOE.

S&P 100 Options (OEX) is recently up $3.42 to $727.74 on strong auto sales