CBOE Mid-Day Update 10.31.14

Volatility as an asset class

Exxon Mobil (XOM) is recently up $1.44 to $95.87 on Q3 earnings increasing 2.5% on higher refining margins. November weekly call option implied volatility is at 15, December is at 14, January is at 13; compared to its 26-week average of 18.

Chevron (CVX) is recently up $1.41 to $118.65 on Q3 profit increasing 13% on asset sales. November weekly call option implied volatility is at 21, November is at 19, December is at 16, January at 17; compared to its 26-week average of 18.

Starbucks (SBUX) is recently down $1.74 to $75.76 after reporting Q4 sales rose 10%. November weekly option implied volatility is at 29, December and January is at 17; compared to its 26-week average of 22.

Actives at CBOE:  AAPL C BIDU PBR TSLA AMZN BMY GILD KO FB TWTR

Stocks with increasing volume @ CBOE:  ABBV CSCO PCLN NEM

CBOE Volatility Index (VIX) is recently up 1.6% to 14.77; November 17 puts & November 20 calls active on 129K cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures ETN (VXX) is recently down 52c to 30.62

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently up 98c to 14.99; compared to its 10-day moving average of 15.94 stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) is recently up 18c to 262.35 compared to its 50-day moving average of 265.32 cboe.com/micro/bxd/

S&P 100 Options (OEX) recently is recently up 7.06 to 803.12 on stimulus measures implemented by the Bank of Japan.