Blogging Options: CBOE Mid-day Update 11.8.13

Volatility as an asset class

McDonald’s (MCD) is recently down 78c to $96.42 on global same-store sales grew 0.5% in October. November call option implied volatility is at 10, December and January is at 11; compared to its 26-week average of 15.

Nvidia (NVDA) is recently up 66c to $15.20 after the chip maker reported Q3 earnings declined less than expected.  November and December call option implied volatility is at 23, March is at 26; compared to its 26-week average of 32.

GAP Inc. (GPS) is recently up $3.05 to $40.80 after the retailer reported better than expected Q3 sales growth. November call option implied volatility is at 24, December is at 30, January and March is at 25; compared to its 26-week average of 30.

Molycorp (MCP) is recently up 16c to $4.92 after the rare earth mining company reported a Q3 loss widening.  November and December call option implied volatility is at 50, March is at 60; compared to its 26-week average of 64.

Active options at @ CBOE: GOOG NFLX C TSLA LNKD WFM AAPL BIDU GILD

CBOE S&P 500 BuyWrite Index (BXM) is recently up 3.24 to $991.90, above its 50-day moving average of 970.09. www.cboe.com/BXM

CBOE DJIA BuyWrite Index (BXD) is recently up 43c to 247.93, above its 50-day moving average of 244.01. http://www.cboe.com/micro/bxd/

CBOE Volatility Index (VIX) is recently down 61c to 13.26. VIX November 15, 20 and 23 calls are active on 722K contracts at the CBOE.

iPath S&P 500 VIX Short-Term Futures (VXX) are recently down $1.69 to 49.13.

S&P 100 Options (OEX) is recently up $7 to $787.70 on October Employment Nonfarm Payrolls at 204,000 vs. consensus estimates of 120,000 and U.S. unemployment rate rises to 7.3% from 7.2%.

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