Blogging Options: CBOE Morning Update 12.27.13

US stock futures slightly higher in pre-market.  Twitter downgraded by MCQuarie, 10-year at 3.02%.  FDX, UPS & AMZN still getting heat with package delays.  Metals and Ag’s higher, Oil mixed.

Volatility as an asset class

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) closed at 37.60 below its 50-day moving average of 42.01.

CBOE VIX methodology for iShares Silver Trust (VXSLV) closed at 30.63, above its 50-day moving average of 32.42.

CBOE VIX methodology for Energy Select Sector SPDR (VXXLE) closed at 14.91, below its 50-day moving average of 16.35.

Options active expected to be active @ CBOE: TWTR F GM BBRY FB DAL NFLX

CBOE S&P 500 BuyWrite Index (BXM) closed at 1020.58, above its 50-day moving average of 996.11 cboe.com/BXM

CBOE DJIA BuyWrite Index (BXD) closed at 255.60, above its 50-day moving average of 249.15. cboe.com/micro/bxd/

CBOE S&P 500 Short-Term Volatility Index (VXST) closed at 10.92, below its 10-day moving average of 14.07. VXST is a market-based gauge of expectations of 9-day volatility.   cboe.com/vxst

CBOE Volatility Index (VIX) closed at 12.33, below its 10-day moving average of 14.31 and above its 50-day moving average of 13.56. www.cboe.com/VIX

SPDR S&P 500 ETF Trust (SPY) is up $0.13 to $183.99 after closing at a record high.

Calls with increasing volume at CBOE:

SPY 12/16/2016 185 81K contracts
TWTR 1/18/2014 90 12K

Puts with increasing volume at CBOE:

SPY 1/18/2014 184 35K contracts
EWZ 3/22/2014 42 22K
BAC 1/10/2014 14.50 15K
VXX 1/10/2014 41 11K
CTIC 3/22/2014 2 10K
XLE 1/18/2014 79 9K
TWTR 12/27/2013 70 6K