Blogging Options: CBOE Mid-Day Update 11.29.13

As a follow up to our Morning Blog …

Big box retailers option implied volatility elevated into holiday shopping season

Sears Holding (SHLD) overall option implied volatility of 48 is below its 26-week average of 56.

Dillards (DDS) overall option implied volatility of 25 is below its 26-week average of 27.

Home Depot (HD) overall option implied volatility of 20 is below its 26-week average 22.

Lowe’s (LOW) overall option implied volatility of 21 is near its 26-week average of 22.

Staples (SPLS) overall option implied volatility of 28 is below its 26-week average of 33.

Big Lots (BIG) overall option implied volatility of 36 is near its 26-week average of 34.

J.C. Penney (JCP) overall option implied volatility of 75 is above its 26-week average of 70.

Active options at @ CBOE:  AAPL HPQ TSLA CRM C GOOG NFLX MU AMZN SPX VIX

CBOE DJIA BuyWrite Index (BXD) was down 0.20 to 250.88 above its 50-day moving average of 245.48: www.cboe.com/micro/bxd/

CBOE Volatility Index (VIX) was up 0.75 to 13.73. VIX December 14, 17 & 15 calls are active on 45K contracts at CBOE.  Metals higher,

iPath S&P 500 VIX Short-Term Futures (VXX) was up 0.02 to 45.41.

At the end of the shortened trading session, S&P 100 Options (OEX) gave up 3 point gain and closed near flat at $806.36.  Most stock averages showed third straight month of gains, NASDAQ closed at 13-year high.