First Solar (FSLR) is up $8.88 to $66.88 after the maker of thin-solar panel forecast revenue of as much as $4B for this year. March call option implied volatility is at 79, April is at 59, June is at 51; compared to its 26-week average of 56.
KB Home (KBH) is up $1.38 to $19.58 after the home builder reported Q1 EPS 12c, compared to consensus 8c. April call option implied volatility is at 34, July is at 39; compared to its 26-week average of 44.
Adobe (ADBE) is down $2.16 to $66.75 after Q1 profit slipped 28% after the software company reported higher expenses on slight increase in revenue. March call option implied volatility is at 27, April is at 26, July is at 25; compared to its 26-week average of 28.
Actives @ CBOE: AAPL FSLR TSLA C PBR HPQ TWTR CMCS FB
Options with increasing volume @ CBOE: CWH RDC PBF VRA WLP PEG OWW IEF
CBOE S&P 500 Short-Term Volatility Index (VXST) down 3c to 14.19, compared to its 10-day moving average of 14.90. VXST is a market-based gauge of expectations of 9-day volatility cboe.com/vxst
CBOE DJIA BuyWrite Index (BXD) up 16c to 259.26, compared to its 50-day moving average of 254.44. cboe.com/micro/bxd/
CBOE Volatility Index (VIX) down 8c to 14.45. VIX April 16, 20, 22 calls and April 14 puts are active at CBOE on 289K contracts cboe.com/VIX
iPath S&P 500 VIX Short-Term Futures (VXX) up 14c to 43.26.
S&P 100 Options (OEX) up 2c to $824.68 ahead of a U.S. Federal Reserve policy decision.