SolarCity (SCTY) is up $5.59 to $64.82 after an upgrade to Conviction Buy from Neutral at Goldman. January and February call option implied volatility is at 68, April is at 65; above its 26-week average of 63.
hhgregg (HGG) is down $0.68 to $12.92 after the electronics retailer sees sales ‘materially below’ FY guidance. January call option implied volatility is at 56, February is at 53, April is at 48; above its 26-week average of 47.
Select Comfort (SCSS) is down $3.93 to $17.41 as the mattress retailer sees Q4 EPS below the low end of 18c-26c view. January call option implied volatility of 48, February is at 55, March is at 51; compared to its 26-week average of 47.
Intel (INTC) January call option implied volatility is at 25, February is at 22, March, April and July is at 20; compared to its 26-week average of 22 into CEO Brian Krzanich kicking off CES 2014 with a keynote address today.
Active options at CBOE: AAPL TWTR C BAC GM EMC NEM
Options with increasing volume @ CBOE: CMCS BSX TYC P ZNGA SIRI
CBOE DJIA Volatility Index (VXD) up 10c to 12.99, above 50-day moving average of 12.78. cboe.com/VXD
CBOE Volatility Index (VIX) is recently down 3c to 13.73. VIX January 16, 17, Feb 17, 18, 20 & 25 calls are active at CBOE.
iPath S&P 500 VIX Short-Term Futures (VXX) are recently down 61c to 42.53.
S&P 100 Options (OEX) is down 2.00 to $814.48 on concerns of weakening economy.