CBOE Mid-Day Update 8.26.14

Volatility as an asset class

Ann Inc.  (ANN) is recently up $2.29 to $42.28 after hiring a bank to explore strategic alternatives, Reuters says. September call option implied volatility is at 35, December is at 32; compared to its 26-week average of 34.

Alcoa (AA) is recently up 14c to $16.62 as aluminum trades at a 18-month high. September weekly call option implied volatility is at 20, September is at 21, October is at 22, November and January is at 25; compared to its 26-week average of 28.

_MG_0821Actives at CBOE:  AAPL TSLA GILD C TWTR NFLX PBR BAC AMZN

Stocks with increasing volume @ CBOE: TLM CODE LNG DOW JNS SM

CBOE DJIA BuyWrite Index (BXD) up 21c to 269.99, compared to its 50-day moving average of 268 cboe.com/micro/bxd/

CBOE Volatility Index (VIX) down 9c to 11.61. VIX September 17 and 20 calls are active on 232K contracts @ CBOE cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) up 1.2% to 27.74

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently down 4% to 10; compared to its 10-day moving average of 11.45. stks.co/r0CS2

CBOE DJIA Volatility Index (VXD) down 1.7% to 10.65; compared to its 10-day moving average of 11.35.

CBOE Nasdaq-100 Volatility Index (VXN) up 0.3% to 12.47; compared to its 50-day moving average of 13.66.

S&P 100 Options (OEX) recently is recently up $1.96 to 889.16 as orders for long lasting U.S. durable goods posted their largest gain on record in July.