Blogging Options: CBOE Mid-day Update 1.30.14

Volatility as an asset class

Whirlpool (WHR) is recently down $4.54 to $137.93 as Q4 earnings rose 48%, but the appliance maker missed profit expectations. February call option implied volatility is at 30, March and June is at 29; compared to its 26-week average of 33.

Under Armour (UA) is recently up $18.81 to $104.03 after the athletic apparel company’s Q4 results and fiscal 2014 revenue guidance beat expectations. February weekly call option implied volatility is at 42, March is at 31, July is at 30; compared to its 26-week average of 34.

ADT Corp. (ADT) is recently down $6.39 to $31.40 after the security company Q1 results missed expectations by 6c per share and came in light on revenue.  February call option implied volatility is at 34, March is at 33, July is at 25; compared to its 26-week average of 28.

CBOE Nasdaq-100 Volatility Index (VXN) -8.7% to 17.07, below its 50-day moving average of 15.11. cboe.com/VXN

Active options @ CBOE: AAPL C FB TWTR TSLA GOOG AMZN NFLX

Options with increasing volume @ CBOE:  ADT UA GRPN BX MS WFT BTU FBHS CNQR GTE NWL ESI OSTK RYL LH CFN DKS

CBOE DJIA Volatility Index (VXD) recently down $1.07 to 15.73, compared to its 10-day moving average of 14.42. cboe.com/VXD

CBOE DJIA BuyWrite Index (BXD) recently up 2.45 to 250.76 compared to its 50-day moving average of 252.79. cboe.com/micro/bxd/

CBOE Volatility Index (VIX) recently down 1.36 to 15.99. VIX February 15, 19, 22 & 25 calls are active at CBOE on 314K contracts.  cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) recently down 1.71 to 44.74.

S&P 100 Options (OEX) recently up $10.30 to $797.12 following a report on Q4 GDP growth that met expectations and the busiest morning of this earning season in terms of the number of notable reporters.