CBOE Mid-Day Update 9.8.14

Volatility as an asset class

Apple (AAPL) is recently down 28c to $98.72 into a company sponsored September 9 press event.  September weekly call option implied volatility is at 53, September is at 35, October is at 31, December is at 25, January is at 24; compared to its 26-week average of 25.

VIX methodology for Apple (VXAPL) is up 28c to 30.73, above its 10-day moving average of 27.70 into a company sponsored September 9th event. CBOE.com/VXAPL

Yahoo (YHOO) is recently up $1.30 to $40.89 on the start of the Alibaba roadshow.  Yahoo September weekly call option implied volatility is at 43, September is at 57, October is at 52, November is at 42, January is at 37; compared to its 26-week average of 34.

Rackspace Hosting (RAX) is recently up $2.02 to $39.24 on CenturyLink (CTL) is looking to acquire the open cloud company says Bloomberg, citing sources. September call option implied is at of 67, October is at 48, December is at 41; compared to its 26-week average of 46.

Actives at CBOE:  AAPL TSLA TWTR YHOO ABX PBR BAC FB AMZN MSFT

Stocks with increasing volume @ CBOE: ABX VALE PCLN SNDK SBH RBS NAVI LUK PPP TITN SONS YNDX HRB

CBOE DJIA BuyWrite Index (BXD) down 6c to 270.46, compared to its 50-day moving average of 268.45 cboe.com/micro/bxd/

CBOE Volatility Index (VIX) up 59c to 12.68. VIX September 17 and 18 calls are active on 109K contracts @ CBOE cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) up 0.3% to 27.55

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently up 14.80% to 11.80; compared to its 10-day moving average of 10.58. stks.co/r0CS2

CBOE DJIA Volatility Index (VXD) up 3.9% to 11.95; compared to its 10-day moving average of 11.36.

CBOE Nasdaq-100 Volatility Index (VXN) up 3.6% to 13.72; compared to its 50-day moving average of 13.75.

S&P 100 Options (OEX) recently is recently down 2.10 to 888.40 as energy prices decrease on China slower growth concerns.