Blogging Options: CBOE Mid-day Update 7.31.13

Volatility as an asset class

MasterCard (MA) is recently down $5.52 to $595.50 after reporting a Q2 profit increase of 21%.  September call option implied volatility is at 21, October is at 20, January is at 19; compared to its 26-week average of 22.

SodaStream (SODA) is recently up $7.83 to $66.27 after the in-home soda machine company raised 2013 expectations. August call option implied volatility is at 44, September is at 45, October is at 44, January is at 43; compared to its 26-week average of 47.

Riverbed (RVBD) is recently down $2.09 to $15.55 after the telecommunications equipment company reported less than expected earnings and revenues. August call option implied volatility is at 45, September is at 39, December is at 42; compared to its 26-week average of 53.

Air Products (APD) is recently up $3.14 to $108.76 after Pershing Square announced a 9.8% stake in the hydrogen and semiconductor material company. August call option implied volatility is at 28, September is at 24, December is at 22; compared to its 26-week average of 18.

Actives:  AAPL POT DELL FB HPQ MOS RVBD SODA V TSLA

CBOE Volatility Index (VIX) is recently up 32c to 13.71. VIX August 17 and 20 calls are active on total option volume of 269K contacts at the CBOE.

S&P 100 Options (OEX) is recently up $2.44 to $758.76 on stronger than expected jobs data into a Federal Reserve statement.