Volatility as an asset class
Wal-Mart (WMT) is recently down $1.13 to $73.73 on weaker than expected Q1 guidance. February weekly call option implied volatility is at 15, March is at 14, and June is at 13; compared to its 26-week average of 15.
Hormel is recently up 75c to $46.05 after the packaged foods company announced Q1 earnings rose 18% on strong demand for its bacon products. March call option implied volatility is at 16, June is at 19; compared to its 26-week average of 21.
Marriott (MAR) is recently down 47c to $51.08 on a Q4 profit decrease of 17% on lower revenue. March and July call option implied volatility is at 19; compared to its 26-week average of 22.
Active options @ CBOE: AAPL TWTR HPQ MGM WMT FB TSLA VZ
Options with increasing volume @ CBOE: TEVA XOM GRPN WMB AWAY VECO
CBOE DJIA BuyWrite Index (BXD) recently up 11.24 to 255.08 compared to its 50-day moving average of 252.74. cboe.com/micro/bxd/
CBOE Volatility Index (VIX) recently down 53c to 14.97. VIX March 15, 18 and 23 calls are active at CBOE on 266K contracts. cboe.com/VIX
iPath S&P 500 VIX Short-Term Futures (VXX) recently down 82c to 43.34.
S&P 100 Options (OEX) recently up 2.80 to $808.60 as investors shrugged off a weak Philly Fed index report and Wal-Mart results.