Blogging Options: CBOE Mid-day Update 2.26.14

Volatility as an asset class

Abercrombie & Fitch (ANF) is recently up $3.45 to $39.46 on better than expected Q4 earnings. March call option implied volatility is at 35, April and May is at 34; compared to its 26-week average of 44.

Target (TGT) is recently up $4 to $60.51 after saying sales have started to recover from trends observed following a December data breach. March call option implied volatility is at 19, April is at 18, October is at 17; compared to its 26-week average of 18.

Lowe’s (LOW) is recently up $2.82 to $50.94 as the company continues to see strength in the recovery of markets despite extreme weather. March call option implied volatility is at 21, April and July is at 20; compared to it 26-week average of 25.

Actives @ CBOE:  AAPL TSLA FSLR C VZ

Options with increasing volume @ CBOE: EEM SLV GLD IWM FST PLUG

CBOE DJIA Volatility Index (VXD) down 11c to 13.40, compared to its 10-day moving average of 13.88. cboe.com/VXD

CBOE DJIA BuyWrite Index (BXD) up 60c to 256.74, compared to its 50-day moving average of 253.27. cboe.com/micro/bxd/

CBOE Volatility Index (VIX) recently up 24c to 13.91. VIX March 15, 16 and 30 calls are active at CBOE on 161K contracts.  Cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) recently up 15c to 42.83.

S&P 100 Options (OEX) recently up 2.18 to $812.98 as new home sales hit a five and half year high January.