Blogging Options: CBOE Mid-day Update 2.5.14

Volatility as an asset class

3D Systems (DDD) is recently down $12.64 to $63.16 after pre-announcing lower than expected fiscal 2013 profit and gave a disappointing earnings outlook for next year. February weekly call option implied volatility is at 108, March is at 61, August is at 54; compared to its 26-week average of 51.

CVS Caremark (CVS) is recently down 79c to $65.36 after announcing its decision to cease selling tobacco at all locations starting October 1. February call option implied volatility is at 25, March is at 11, August is at 19; compared to its 26-week average of 21.

Polo Ralph Lauren (RL) is recently down $3.12 to $151.06 on the  luxury clothing retailer seeing FY15 revenue increasing at high single-digit rate. February call option implied volatility is at 26, March is at 24, April is at 22, July is at 23; compared to its 26-week average of 27.

Active @ CBOE:  AAPL C AMZN TWTR GOOG AA C SIRI BAC TSLA

Options with increasing volume @ CBOE:  NUS BBG CAB MDSO MGA LRCX ARAY HCP

CBOE DJIA Volatility Index (VXD) recently up 20c to 18.75, compared to its 10-day moving average of 17.25. cboe.com/VXD

CBOE DJIA BuyWrite Index (BXD) recently up 6c to 243.85 compared to its 50-day moving average of 252.37. cboe.com/micro/bxd/

CBOE Volatility Index (VIX) recently up 41c to 19.52. VIX February 18, 19, 20, 22, 24 and 26 calls are active at CBOE on 659K contracts.  cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) recently up 1.60 to 53.44.

S&P 100 Options (OEX) recently down 94c to $776.48 ahead of January’s jobs report on Friday.