Blogging Options: CBOE Mid-day Update 11.25.13

Volatility as an asset class

Credit and debit vehicle funds option implied volatility is low on expectations  the central bank continuing its stimulus program.

Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently down 39c to $77.15. Overall option implied volatility of 23 is below its 26-week average of 28.

ProShares UltraShort Lehman 7-10 Yr ETF (PST) is recently down 3c to $29.12. Over all option implied volatility of 12 is near its 26-week average of 13.

iShares S&P National Municipal Bond Fund (MUB) overall option implied volatility of 6 is below its 26-week average of 8.

ProShares Short 20+ Year Treasury ETF (TBF) is recently up 3c to $104.67. Overall option implied volatility of 6 is below its 26-week average of 13.

IShares Barclay 20+ YR Treasury ETF (TLT) is recently up 24c to $104.17. Overall option implied volatility of 10 is below its 26-week average of 14.

SPDR Lehman High Yield Bond (JNK) is recently up 3c to $40.61. Overall option implied volatility of 10 is near its 26-week average of 9.

CBOE Interest Rate 5 Year Note (FVX) is recently down 0.8% to 13.42.

CBOE DJIA Volatility Index (VXD) is recently up 33c to 11.73, below its 50-day moving average of 13.66. www.cboe.com/VXD

Active options at @ CBOE:  AAPL C TSLA BAC FB AA TWTR GOOG AMZN ABX.

Options with increasing volume @ CBOE; DVA FMS ADT TWTR STSI AA HAL GRPN.

CBOE DJIA BuyWrite Index (BXD) is recently down 0.1% to 250.90 above its 50-day moving average of 245.24: www.cboe.com/micro/bxd/

CBOE Volatility Index (VIX) is recently up 36c to 12.62. VIX December 13 & 14 puts active pm 178 contracts at CBOE.

iPath S&P 500 VIX Short-Term Futures (VXX) are recently down 9c to 44.46.

S&P 100 Options (OEX) is recently up $1.10 to $806.08 on a deal signed by several world powers that will see Iran limit its nuclear program in exchange for relief from certain economic sanctions, which had a notable impact on oil prices.