Bloging Options: CBOE Morning Update 10.14.13

Volatility as an asset class

Proshares VIX Short-Term Futures ETF (VIXY) closed at 38.96; below its 50-day moving average of 40.28.

Proshares VIX Mid-Term Futures ETF (VIXM) closed at 22.80; below its 50-day moving average of 23.43.

iPath S&P 500 VIX Short-Term Futures (VXX) closed at 15; below its 50-day moving average of 15.18.

iPath S&P 500 VIX MD-TM FT (VXZ) closed at 15.87; below its 50-day moving average of 20.22.

Velocity Share VIX Short Term ETN (VIIX) closed at 78.53; below its 100-day moving average of 90.90.

Velocityshares Daily 2X VIX Short Term ETN (TVIX) closed 15.30; below 50-day moving average of 16.16.

ProShares Ultra VIX Short-Term Futures ETF (UVXY) closed at 34.70, below its 50-day moving average of 36.30.

Options expected to be active @ CBOE; AAPL FB TSLA INTC YHOO C BAC JNJ EBAY

CBOE S&P 500 BuyWrite Index (BXM) closed at $967.47, above its 50-day moving average of 959. www.cboe.com/BXM

CBOE DJIA BuyWrite Index (BXD) closed at 242.68, below its 50-day moving average of 243.16. http://www.cboe.com/micro/bxd/

CBOE Volatility Index (VIX) closed at 15.72, below its 10-day moving average of 17.46 and above its 50-day moving average of 15.03. www.cboe.com/VIX

Calls with increasing volume at CBOE:

SPY 10/11/2013   169  33K contracts
WIN 11/16/2013      9 13K
ROC 5/17/2014     70 11K
WAG 4/19/2014     55 11K
BAC 10/19/2013    15 11K
VXX 10/19/2013    23 10K
BX 10/19/2013      25 10K

SPDR S&P 500 ETF Trust (SPY) is recently is down $1.03 to $169.23 as talks break down on a U.S. lawmakers failed to reach a deal avoid a debt default.

Columbus Day.  Bonds closed, Canadian markets and a few others closed as well. NIKKEI & HK up1%, rest of Asian & European markets slightly in the red.  With no official government reports due for a while, eyes will be on Washington and Q3 earnings.