Blogging Options: CBOE Morning Update 11.29.13

Early close today on options, volatility futures and  and stocks.

With all the talk of “Black Friday”, here are some numbers ….

Wal-Mart (WMT) overall option implied volatility of 14 is near its 26-week average of 15.

Target (TGT) overall option implied volatility of 16 is below its 26-week average 19.

Macy’s (M) overall option implied volatility of 24 is below its 26-week average of 27.

Costco (COST) overall option implied volatility of 18 is near its 26-week average of 17.

Nordstrom (JWN) overall option implied volatility of 20 is below its 26-week average of 23.

Kohl’s (KSS) overall option implied volatility of 22 is below its 26-week average 26.

Best Buy (BBY) overall option implied volatility of 39 is below its 26-week average of 43.

Nasdaq-100 Index Options (NDX) closed at 3470.50, above its 50-day moving average of 3319.80. Overall option implied volatility is at 11. http://www.cboe.com/micro/ndx/

CBOE Mini-NDX Index (MNX) closed at 347.05, above its 50-day moving average of 332.01.
Overall option implied volatility is at 14. MNX is based on 1/10th the value of the Nasdaq-100 Index (NDX).

PowerShares QQQ ETF (QQQ) is recently up 34c to 85.56 in the premarket, above its 50-day moving average of 81.49.

CBOE Nasdaq-100 Volatility Index (VXN) closed at 13.36, below its 50-day moving average of 15.35. www.cboe.com/VXN

CBOE S&P 500 BuyWrite Index (BXM) closed at 1001.78, above its 50-day moving average of 978.93. www.cboe.com/BXM

CBOE DJIA BuyWrite Index (BXD) closed at 251.08, above its 50-day moving average of 245.40. http://www.cboe.com/micro/bxd/

CBOE S&P 500 PutWrite Index (PUT) closed at 1349.80, above its 10-day MA of 1344.68 and its 50-day moving average of 1323.41. www.cboe.com/PUT

CBOE S&P 500 95-110 Collar Index (CLL) closed at 604.60 www.cboe.com/CLL

CBOE S&P 500 Short-Term Volatility Index (VXST) closed at 11.66. VXST is a market-based gauge of expectations of 9-day volatility.   cboe.com/vxst

CBOE Volatility Index (VIX) closed at 12.98, above its 10-day moving average of 12.79 and below its 50-day moving average of 14.27. www.cboe.com/VIX

CBOE DJIA Volatility Index (VXD) closed @ 12.03, below its 50-day moving average of 13.61 www.cboe.com/VXD

Options expected to be active @ CBOE; AMZN WMT RIO BHP

SPDR S&P 500 ETF Trust (SPY) is up 24c to $181.36 as stocks are on track for their third straight month of gains.

Calls with increasing volume at CBOE:

AA 6/21/2014 11 28K contracts
DXJ 1/18/2014 55 21K
CCL 1/17/2015 36.50 15K
TSO 1/18/2014 50 13K
WAG 12/21/2013 60 11K
AAPL 11/29/2013 545 9K
QQQ 2/22/2014 88 8K
VLO 3/22/2014 50 7K
SPY 11/29/2013 181 7K

European shares mixed, Asia slightly lower.  Downgrade of Netherlands debt and sabre rattling from China putting a damper on overseas trading.