Volatility as an asset class
Lumber Liquidators (LL) is recently down $9.01 to $94.79 after the hardwood flooring retailer provided lower than expected fourth quarter profit guidance. December, February and May call option implied volatility is at 45; compared to its 26-week average of 43.
Twitter (TWTR) is recently up $2.38 to $51.54 as shares trade a new record high. December weekly call option implied volatility is at 71, December is at 54, January is at 49, February is at 60; compared to its 16-day average of 52.
General Motors (GM) is recently down 29c to $40.61 after the U.S. Treasury announced the sale of its remaining stake in the carmaker. December, January and March call option implied volatility of 29 is near its 26-week average of 30.
AutoZone (AZO) is recently $17.61 to $474.95 after the company beat earnings expectations by a penny. December call option implied volatility at 19, January is at 17, March is at 18; compared to its 26-week average of 22.
Options with increasing volume @ CBOE: ABX NBG BRCM FNF RMBS PVH BBRY TE
CBOE DJIA BuyWrite Index (BXD) is recently down 32c to 250.98 above its 50-day moving average of 246.49: www.cboe.com/micro/bxd/
CBOE Volatility Index (VIX) is recently up 70c to 14.19. VIX December 14, 20, 30, January 16 and 20 calls are active on 184K contracts at CBOE.
iPath S&P 500 VIX Short-Term Futures (VXX) are recently up 36c to 45.12.
S&P 100 Options (OEX) is recently down $2.96 to $804.40 after the Treasury auctioned $65B in bills.