CBOE Mid-Day Update 4.10.14

VXST options opened for trading on an interesting day.   With momentum tech stocks resuming their downward spiral and their  option implied volatility increasing, VXST options traded several thousand contracts by noon.  VXST futures traded a very respectable 81 contracts.  Option volume overall was heavy.

Facebook (FB) is down $3.00 to $59.41. April call option implied volatility is at 45, 4/25/14 weekly is at 78, May is at 63, June is at 49; compared to its 26-week average of 43.

Amazon.com (AMZN) is down $11.42 to $320.38.  April call option implied volatility is at 34, 4/25/14 weekly is at 58, May is at 43, June is at 39; compared to its 26-week average of 29.

VIX methodology for Amazon (VXAZN) up 11.6% to 48.52, above 50-day MA 31.78.

Netflix (NFLX) is recently down $15 to $338.04. April call option implied volatility is at 44, 4/25/14 is at 85, May is at 58, June is at 49; compared to its 26-week average of 43.

Tesla Motors (TSLA) is recently down $9.76 to $208.17. April call option implied volatility is at 51, 4/25/14 is at 55, May is at 70, June is at 60; compared to its 26-week average of 56.

Actives @ CBOE:  AAPL GILD TSLA FB NFLX AA AMZN RAD C BAC

High option volume stocks: IMPV NOW GGP HST KOG PIP ADP EWH

CBOE S&P 500 Short-Term Volatility Index (VXST) up 3.34 to 16.03, compared to its 10-day moving average of 13.66. VXST is a market-based gauge of expectations of 9-day volatility cboe.com/vxst

CBOE DJIA BuyWrite Index (BXD) down 1.52 to 258.40, compared to its 50-day moving average of 255.56. cboe.com/micro/bxd/

CBOE Volatility Index (VIX) up 1.66 to 15.48. VIX April 15, 16, 17, 18 and 20 calls are active at CBOE on 295K contracts cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) up 2.5% to 42.

CBOE DJIA Volatility Index (VXD) up 11% to 14.50; compared to its 50-day moving average of 14.44.

CBOE Nasdaq-100 Volatility Index (VXN) up 9.8% to 19.47; compared to its 50-day moving average of 17.02

S&P 100 Options (OEX) recently down $12.32 to $816.26 as U.S. jobless claims dropping to their lowest level since 2007.