Blogging Options: CBOE Mid-Day Update 7.19.13

Volatility as an asset class

Chipotle Mexican Grill (CMG) is up $30 to $406.75 after reporting better than expected Q2 results. August call option implied volatility is at 35, September is at 27; compared to its 26-week average of 32.

General Electric (GE) is up $1.17 to 24.78 after solid financial results this morning. August call option implied volatility is at 15, September is at 14; compared to its 26-week average of 19.

Honeywell (HON) is up $0.47 to $83.44 after reporting Q2 EPS $1.28, compared to consensus $1.21.  August call option implied volatility is at 15, January is at 17; compared to its 26-week average of 20.

Actives:  AAPL C GE HPQ MSFT GOOG INTC TSLA BAC QLIK

CBOE Volatility Index (VIX) is lower by 0.75 to 13.02. VIX August and September 17puts are active at the CBOE.

S&P 100 Options (OEX) is down $0.60 to $756.40 on Google and Microsoft financial misses.

MSFT (~660k contracts), FB and GOOG (~250k ea.) were the three most active equity options in the morning session. CBOE traded 3mm of the 11mm options contracts traded by mid-day. Gold & Silver fractionally higher, Corn & Beans higher on midwest heat wave, oil lower.

No Comments
CBOE

cboe.com

Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.

Tags