Blogging Options: CBOE Mid-day Update 7.3.13

Volatility as an asset class

Mead Johnson (MJN) is recently down $6.75 to $68.15 as the company is under investigation in China concerning the domestic price fixing of milk powder.  July call option implied volatility is at 35, August is at 36, November is at 30; above its 26-week average of 25.

Boeing (BA) is recently up 87c to $102.36 after reporting Q2 total commercial deliveries 169, of those commercial airline deliveries, 116 were 737s, 6 were 747s, 8 were 767s, 23 were 777s, and 16 were 787s. July call option implied volatility is at 21, August is at 23, September is at 21; compared to its 26-week average of 22.

iShares Silver Trust (SLV) is recently up 47c to $19.15. Overall implied volatility of 35 is above its 26-week average of 29. Silver is recently up 2.18% to $19.73.

VIX methodology for iShares Silver Trust (VXSLV) is recently down 2.7% to 39.70; above its 50-day moving average of 37.79.

SPDR Gold Trust (GLD) is recently up $1.36 to $121.41. July call option implied volatility is at 24, August is at 24, September is at 22; above its 26-week average of 19. Gold is recently up 0.96% to $1,255.

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) is recently up 1.1% to 50.76, near its 10-day moving average of 49.52.

CBOE Gold ETF Volatility Index (GVZ) is recently down 3.9% to $27.09, below its 10-day moving average of 29.15.

Actives:  AAPL TSLA DELL ZNGA FTNT X SVU BAC SU C

CBOE Volatility Index (VIX) is recently up 33c to 16.77. VIX July 15 and 16 puts are active on total option volume of 171K contacts at the CBOE.

S&P 100 Options (OEX) is recently down $1.38 to $723.16 on new applications for unemployment benefits fell for the second straight week last week.