Volatility as an asset class
VIX methodology for IBM (VXIBM) is up $1.67 to 27.19; above its 10-day moving average of 23.71, 50-day moving average is at 19.64. www.cboe.com/VXIBM
VIX methodology for Goldman Sachs (VXGS) is higher by $1.06 to 32.27; above its 10-day moving average of 28.89, 50-day moving average is at 26.44. www.cboe.com/VXGS
VIX methodology for Apple (VXAPL) is up $1.42 to 33.34; above its 10-day moving average of 31.13, 50-day moving average is at 28.66. www.cboe.com/VXAPL
VIX methodology for Amazon (VXAZN) is up $2.44 to 39.46; above its 10-day moving average of 33.50, 50-day moving average is at 27.40. www.cboe.com/VXAZN
VIX methodology for Google (VXGOG) has moved higher by 54c to 28.54; above its 10-day moving average of 26.44, 50-day moving average is at 22.78. www.cboe.com/VXGOG
Active options at CBOE; FB AAPL TSLA NFLX LNKD C AMZN CIE GOOG SPX VIX
CBOE S&P 500 BuyWrite Index (BXM) is down $7.92 to $943.94, below its 50-day moving average of 959.26. www.cboe.com/BXM
CBOE DJIA BuyWrite Index (BXD) is off $1.51 to 236.25, below its 50-day moving average of 243.63. http://www.cboe.com/micro/bxd/
CBOE Volatility Index (VIX) is up $1.01 to 20.42. VIX October 16, 17, 18, 20 and 25 calls are active.
iPath S&P 500 VIX Short-Term Futures (VXX) are up 74c to 16.93
S&P 100 Options (OEX) is down $5.44 to $739.38 (1.10 off it’s intra-day low) as the government shutdown extended into another day with no signs that a political deal is near.
BIG VIX volume this morning. One system shows ~650k VIX options have traded, but one trader said the volume could be 50% more than that – and we have over 3 hours left to trade. Traders saw the SPX (1663.80, off 12.32) slice through the 75-day moving average near 1670, psychological support at 1650, 200-day MA near 1600.