CBOE Mid-Day Update 10.15.14

Volatility as an asset class

Airline stocks, on a roller coaster ride today, following reports the 2nd nurse infected with Ebola flew a few days ago (Oct 13). The CDC is reaching out to passengers who flew on Frontier Airlines flight 1143 Cleveland to Dallas/Fort Worth Oct. 13.

United Continental (UAL) is recently down $2.62 to $40.56. October call option implied volatility is at 98, November is at 81, December is at 68; compared to its 26-week average of 43.

Delta Air Lines (DAL) is recently down $1.63 to $31.22. October call option implied volatility is at 111, November is at 85, December is at 65; compared to its 26-week average of 38.

American Airlines (AAL) is recently down $1.50 to $29.99. October call option implied volatility is at 96, November is at 83, January is at 64; compared to its 26-week average of 39.

Actives at CBOE:  AAPL PBR TWTR TSLA NFLX AMZN FB BAC TSLA MU AMZN

Stocks with increasing volume @ CBOE: FCG TXT MDSO PPHM NTRS CCL RGP LLTC

CBOE Volatility Index (VIX) is recently up $4.31 to 27.05; Oct 17, 18, 25, 27, 30 & 35 calls active on 905K cboe.com/VIX
iPath S&P 500 VIX Short-Term Futures ETN (VXX) is recently up 3.02 to 41.90.

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently up 32.9% to 32.45; compared to its 10-day moving average of 20.44. stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) down 4.18 to 251.82 compared to its 50-day moving average of 266.44 cboe.com/micro/bxd/

S&P 100 Options (OEX) recently is recently down 14.99 to 824.94 as bond rates collapse on deflationary concerns.