Blogging Options: CBOE Mid-day Update 8.29.13

Volatility as an asset class

Campbell Soup Co. (CPB) is recently down $1.45 to $43.26 on Q4 loss attributed to a write-down of European simple meals business.  September call option implied volatility is at 17, October and November is at 18; compared to its 26-week average of 19.

Genesco (GCO) is recently down $6.51 to $63.04 after the seller of hats and footwear reported less than expected results. September call option implied volatility is at 33, October is at 28, March is at 32; compared to its 26-week average of 33.

Corinthian Colleges (COCO) is recently down 11c to $2.50 on the educator reported less than expected guidance.  October call option implied volatility is at 48, November is at 60, January is at 63; compared to its 26-week average of 64.

CBOE Gold Miners ETF Volatility Index (VXGDX) is recently down 2.7% to $48.23 as gold pulls back 0.97% to $1,405.  www.cboe.com/VXGDX

CBOE Gold ETF Volatility Index (GVZ) is recently down 4.6% to 24.69.

CBOE Interest Rate 5 Year Note (FVX) is recently up 2.2% to 16.25 as Treasury rates move lower.

CBOE Crude Volatility Index (OVX) is recently down 8.9% to 27.15 as WTI Crude oil trades above $109. http://www.cboe.com/ovx

CBOE S&P 500 2% OTM BuyWrite (BXY) is recently up 0.5% to 1273.10, below its 50-day moving average of 1287.88. www.cboe.com/BXY

Actives:  AAPL FB BAC TSLA C BRCM CSCO MSFT VOD SLB BRCM VZ

CBOE Volatility Index (VIX) is recently down 5c to 16.44. VIX October 19 and 20 calls are active on total option volume of 148K contacts at the CBOE.

iPath S&P 500 VIX Short-Term Futures (VXX) is recently down 0.5% to 16.57.

S&P 100 Options (OEX) is recently up $3.54 to $735.52 on expectations a Western military strike on Syria will be postponed.