Alibaba. No for Scotland. Triple Witch. AAPL phone. Stocks open higher on Scottish vote and follow through to yesterday’s rally. Lots of investors shut out on BABA IPO. Options on BABA 9/29. Volatility as an asset class:
Yahoo (YHOO) saw profit takers move the shares to unchanged after being up $0.60 in the pre-market, as Alibaba (BABA) 320.1M shares IPO priced at $68. September call option implied volatility is at 105, September weekly is at 77, October is at 56, November is at 44, January is at 36; compared to its 26-week average of 35.
Red Hat (RHT) is down $2.36 to $58.30 after reporting less than expected Q2 results. September call option implied volatility is at 92, October is at 36, December is at 29; compared to its 26-week average of 30.
Oracle (ORCL) is off $1.25 to $40.30 following a Q1 earnings miss and a CEO transition. September call option implied volatility is at 51, October is at 22, December is at 19; compared to its 26-week average of 23.
Options expected to be active @ CBOE: YHOO ORCL RHT TIBX CNCR SAP
CBOE Equity Options volume: 1,228,861 call, 762,798 put, 1,991,659 total
CBOE S&P 500 BuyWrite Index (BXM) at 1108.94 compared to its 10-day moving average of 1107.17 cboe.com/BXM
CBOE DJIA BuyWrite Index (BXD) at 270.88 compared to its 50-day moving average of 268.89 cboe.com/micro/bxd/
CBOE Nasdaq-100 Volatility Index (VXN) at 13.51; compared to its 50-day moving average of 14.03.
CBOE S&P 500 Short-Term Volatility Index (VXST) at 11.05, compared to its 10-day moving average of 12.48. VXST is a market-based gauge of expectations of 9-day stks.co/r0CS2
iPath S&P 500 VIX Short-Term Futures (VXX) at 27.20.
CBOE Volatility Index (VIX) at 12.03, compared to its 10-day moving average of 12.88 and its 50-day moving average of 13 cboe.com/VIX
SPDR S&P 500 ETF Trust (SPY) is recently down 32c to $201.82 as British markets and Europe rallied as Scotland voted to stay in the United Kingdom.
Calls with increasing volume at CBOE:
VXX 10/3/2014 35 55K
SPY 10/18/2014 196 22K
PBR 11/22/2014 23 20K
QQQ 9/26/2014 100.50 19K
PBR 11/22/2014 21 18K