Blogging Options: CBOE Morning Update 12.24.13

Shortened session today, Equities close at noon CST, Broad Based Indexes at 12:15pm CST. Other US markets also have shortened sessions.

Nov Durable Goods up 3.5%, Core Rate X-Transportation +1.2%  10-year 2.96%.   Retailers saw a drop in traffic and sales the week before Christmas.

Volatility as an asset class

VIX methodology for Goldman Sachs (VXGS) @ 22.96; below its 10-day moving average of 24.30 and above its 50-day moving average of 22.33. www.cboe.com/VXGS

VIX methodology for Apple (VXAPL) @ 27.87; near its 10-day moving average of 27.80 and above its 50-day moving average of 26.91. www.cboe.com/VXAPL

VIX methodology for Amazon (VXAZN) @ 32.16; above its 10-day moving average of 30.46 and its 50-day moving average of 31. www.cboe.com/VXAZN

VIX methodology for Google (VXGOG) @ 20.39; above its 10-day moving average of 20.30 and its 50-day moving average of 19.74. www.cboe.com/VXGOG

VIX methodology for IBM (VXIBM) @ 18.20; below its 10-day moving average of 19.42 and its 50-day moving average of 18.34. www.cboe.com/VXIBM

Options active expected to be active @ CBOE: AAPL TSLA TWTR FB

CBOE S&P 500 BuyWrite Index (BXM) closed at 1017.06, above its 50-day moving average of 994.04. cboe.com/BXM

CBOE DJIA BuyWrite Index (BXD) closed at 254.31, above its 50-day moving average of 251.21. cboe.com/micro/bxd/

CBOE S&P 500 Short-Term Volatility Index (VXST) closed at 12.23, below its 10-day moving average of 15.07. VXST is a market-based gauge of expectations of 9-day volatility.   cboe.com/vxst

CBOE Volatility Index VIX @ 13.04, 10-day MA of 14.76, its 50-day MA of 13.76 cboe.com/VIX

SPDR S&P 500 ETF Trust (SPY) is recently up 0.05 on Durables report. to $182.58 as European shares rose for a fifth day on light volume. Asian shares also fractionally higher.

Calls with increasing volume at CBOE:

EEM 1/18/2014 41 97K contracts
IWM 1/3/2014 113 34K
DOW 1/18/2014 45 20K
SPY 12/31/2013 184 17K
HERO 4/19/2014 8 10K