Tesla Motors announced that it will free up its patents to allow everyone to use their battery technology “for the advancement of electric vehicle technology,” (TSLA) was up over $5.50, now is up $1.00 to $205.48. June call option implied volatility is at 39, July is at 38, September is at 42; compared to its 26-week average of 55.
Option volume picks up a little by mid-day, as CBOE trades 2.15 mm contracts out of 11.5mm overall, 420k SPX options trade and 435k VIX options change hands.
Twitter (TWTR) is up $1.32 to $36.88 after its COO resigns. June call option implied volatility is at 46, July is at 45, September is at 53; compared to its 26-week average of 57.
Delta Air (DAL) is down $2.20 to $38.50 as oil prices move above $106. June call option implied volatility is at 36, July is at 35, September is at 34; compared to its 26-week average of 34 according to Track Data, suggesting non-directional price movement.
Facebook (FB) is down $0.53 to $65.24. June call option implied volatility is at 32, July is at 34, September is at 39; compared to its 26-week average of 42.
Actives at CBOE: AAPL TWTR AMZN SIRI TSLA AMAT MO CLF AMZN FB
Stocks with increasing volume @ CBOE: OWW IYT AR RH ROSE AMJ GERN SU IDTI LULU CBSO
CBOE S&P 500 Short-Term Volatility Index (VXST) up 0.75 to 11.20; compared to its 10-day moving average of 10.36. VXST is a market-based gauge of expectations of 9-day volatility stks.co/r0CS2
CBOE DJIA BuyWrite Index (BXD) up 0.1% to 267.63, compared to its 50-day moving average of 263.02 cboe.com/micro/bxd/
CBOE Volatility Index (VIX) up 0.54, 4.7% to 12.15. VIX June 13, 14 and 15 calls are active on 349K contracts @ CBOE cboe.com/VIX
iPath S&P 500 VIX Short-Term Futures (VXX) up 0.52 to 31.41.
CBOE DJIA Volatility Index (VXD) up 3.2% to 11.61; compared to its 50-day moving average of 12.20.
CBOE Nasdaq-100 Volatility Index (VXN) up 3.5% to 13.82; compared to its 50-day moving average of 16.55
S&P 100 Options (OEX) down 4.12 to $857.20 after retail sales rose less than expected in May and first-time unemployment claims increased last week.