CBOE Mid-Day Update 8.7.14

Volatility as an asset class

21st Century Fox (FOXA) is recently up $1.98 to $34.40 after the company reported higher than expected Q4 earnings and the stock was upgraded to Market Perform from Underperform at Cowen. August call option implied volatility is at 28, October is at 26, January is at 25; compared to its 26-week average of 26.

Jack in the Box (JACK) is recently up $5 to $60.45 after reporting Q3 results above estimates and raising fiscal 2014 EPS view. August call option implied volatility is 18, September is at 19, March is at 22; compared to its 26-week average of 28.

Radian Group (RDN) is recently up 63c to $13.38 after reporting Q2 EPS of 78c on revenue of $344.5M vs. $200.44M last year. August call option implied volatility is at 37, September and November is at 35; compared to its 26-week average of 38.

Actives at CBOE:  AAPL TSLA C NFLX TWTR AMZN SD LVS

Stocks with increasing volume @ CBOE: GDP RIG JNS QCOM JCP CROX NVDA

CBOE DJIA BuyWrite Index (BXD) is recently down 1 to 262.26, compared to its 50-day moving average of 267.88 cboe.com/micro/bxd/

CBOE Volatility Index (VIX) up 32c to 16.69. VIX August 15 and 20 calls are active on 261K contracts @ CBOE cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) up 24c to 34.13.

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently up 7.6% to 17.49; compared to its 10-day moving average of 15.50. stks.co/r0CS2

CBOE DJIA Volatility Index (VXD) up 2.7% to 15.61; compared to its 10-day moving average of 14.21.

CBOE Nasdaq-100 Volatility Index (VXN) up 1.7% to 17.36; compared to its 50-day moving average of 13.74.

S&P 100 Options (OEX) recently is recently down $4.14 to 849.40 as negative Ukraine headlines offset positive corporate