Blogging Options: CBOE Mid-Day Update 12.30.14

Utilities off ~1.6%, surprising with yields falling this morning.  Stocks soft on light volume, Crude pretty quiet with fractional losses. Volatility as an asset class

Select Sector SPDR ETF’s are trading near record highs with mixed option implied volatility

Consumer Discretionary Sector SPDR (XLY) overall option implied volatility of 13 compares to its 26-week average of 14.

Industrial Select Sector SPDR (XLI)  option implied volatility of 15 compares to its 26-week average of 14.

Health Care Select Sector SPDR (XLV)  option implied volatility of 18 compares to its 26-week average of 16.

CBOE/CBOT 10-year U.S. Treasury Note Volatility (VXTYN) down 0.71% to 5.57; 52-week low 1.69, high 14.58 www.cboe.com/vxtyn

CBOE Volatility Index – VIX methodology for Energy Select Sector SPDR (VXXLE) up 2.8% to 28.28, WTI trades below $54 cboe.com/micro/VIXETF/VXXLE/

CBOE Crude Oil Volatility Index (OVX) down 4.4% to $51.29 cboe.com/OVX

Active options at CBOE: AAPL TSLA TWTR GILD AMZN TWTR NFLX BAC AA JPM CMCSA JPM VIX SPX

Options with increasing volume @ CBOE: ALLT NYRT DAR MAC QLGC CLF

CBOE Volatility Index (VIX) is up 0.84 to 15.90; January 16 and 17 calls are active on total volume of 154K cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) is up 49c to 29.

CBOE S&P 500 Short-Term Volatility Index (VXST) is higher by 0.89, at 13.88; compared to its 10-day moving average of 14.30 stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) down 3c to 265.95 compared to its 50-day moving average of 261.92 cboe.com/micro/bxd/

S&P 100 Options (OEX) is lower by 2.98 to 919.24 as bonds rally to record highs into the New Year.