CBOE Mid-Day Update 7.1.14

Markets liked the economic news out of the US but “Seasonal Adjustments” helped.  DJIA at intra-day record highs, S&P 500 and Transports also at highs.  VIX under 11.

Twitter (TWTR) is up $1.66 to $42.62 after Anthony Noto was named CFO.  July call option implied volatility is at 44, August is at 56, September is at 52; compared to its 26-week average of 56

Ford Motor (F) is down $0.10 to $17.14 on U.S. Auto Sales declining 5.8% in June. Overall option implied volatility of 20 is below its 26-weekaaverage of 23.

General Motors (GM) is up $1.04 to $37.33 on U.S. auto sales up 1% in June. Overall option implied volatility of 24 is below its 26-week average of 26.

Toyota (TM) is up $2.52 to $122.2 after reporting June U.S. sales up 3.3%.  Overall option implied volatility of 16 is below its 26-week average of 19.

VIX methodology for IBM (VXIBM) is recently down 5c to 20.87, $IBM +4,81 to $186.08 cboe.com/VXIBM

Actives at CBOE:  AAPL NFLX TWTR MNKD TSLA EBAY GILD AMZN

Stocks with increasing volume @ CBOE:  BLDP COO DE MTL SIMO CBSO STAA ALR ELX LB FOLD RIO

CBOE S&P 500 Short-Term Volatility Index (VXST) is down 83c to 10.34; compared to its 10-day moving average of 10.77. VXST is a market-based gauge of expectations of 9-day volatility stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) up 0.5% to 268.16, compared to its 50-day moving average of 265.31 cboe.com/micro/bxd/

CBOE Volatility Index (VIX) down 0.58 to 10.99. VIX July 15, 18 and 25 calls are active on over 135K contracts @ CBOE cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) down 50c to 28.10.

CBOE DJIA Volatility Index (VXD) down 4.4% to 10.57; compared to its 10-day moving average of 10.78.

CBOE Nasdaq-100 Volatility Index (VXN) down 26c to 11.95; compared to its 50-day moving average of 14.75.

S&P 100 Options (OEX) is up $6.26 to 871.74 on the first day of the quarter.