Blogging Options: CBOE Mid-Day Update 1.15.14

Apple (AAPL) is recently up $12.77 to $550.16 after company says deal with China Mobile (CHL) to sell iPhones will help boost sales of the smartphone to a record high in Greater China in Q1. January weekly call option implied volatility is at 24, February is at 29, March is at 29, compared to its 26-week average of 28.

Tesla (TSLA) is recently up $4.95 to $166.22 after CEO Musk says hoping to make vehicle deliveries in China in March. January call option implied volatility is at 55, January weekly is at 50, February is at 60, March is at 54; compared to its 26-week average of 52.

Netflix (NFLX) is recently down $13.47 to $324.34 after a federal appeals court yesterday struck down the Federal Communications Commission’s rules on the delivery of Internet content. January weekly call option implied volatility is at 92, February is at 55, March is at 45; compared to its 26-week average of 47.

Active options at CBOE: AAPL TWTR TSLA GOOG C AMAT MCP GM INTC BAC

CBOE DJIA Volatility Index (VXD) down $0.40 to 11.53, below its 10-day moving average of 12.36. cboe.com/VXD

CBOE Volatility Index (VIX) is off 0.15 to 12.15. VIX January 16 & 20 calls are active at CBOE on 248K contracts.

iPath S&P 500 VIX Short-Term Futures (VXX) are up 31c to 40.92.

S&P 100 Options (OEX) is up 6.28 to $823.06 following a better than expected report on manufacturing in the New York region as well as solid earnings from Bank of America (BAC).