Blogging Options: CBOE Mid-Day Update 1.8.15

Stocks headed higher at the opening and haven’t looked back.  Option volume busy mid-day, as CBOE & C2 trade over 3.1mm of 11.1 million contracts.  SPX trades over 560K and VIX options with 270K.  VIX futures show 100K+ trading.  Volatility as an asset class:

Proshares UltraShort  20 Year Treasury ETF (TBT) is up $1.12 to $43.71 as rates pullback from a recent rise on continued expectations global central banks will continue its stimulus program. Overall option implied volatility of 32 compares to its 26-week average of 24.

IShares Barclay 20+ YR Treasury ETF (TLT) is down $1.70 to $129.68. Overall option implied volatility of 16 compares to its 26-week average of 12.

ProShares UltraShort Lehman 7-10 Yr ETF (PST) is up 20c to $24.12. Over all option implied volatility of 14 compares to its 26-week average of 12.

ProShares Short 20+ Year Treasury ETF (TBF) up 31c to $24.44. Overall option implied volatility of 15 compares to its 26-week average of 14.

SPDR Lehman High Yield Bond (JNK) is recently up 31c to $38.75. Overall option implied volatility of 11 compares to its 26-week average of 8.

CBOE/CBOT 10-year U.S. Treasury Note Volatility (VXTYN) down 4% to 6.36; 52-week low 1.69, high 14.58 www.cboe.com/vxtyn

CBOE Crude Oil Volatility Index (OVX) down 4.8% to $50.67, WTI trades near $59 cboe.com/OVX

CBOE Volatility Index-VIX methodology for Energy Select Sector SPDR (VXXLE) down 3.7% to 30.86. cboe.com/micro/VIXETF/VXXLE/

Active options at CBOE: AAPL TSLA CMCSA GILD AMZN TWTR NFLX WMT CLF PBR AMAT

Options with increasing volume @ CBOE: INFI RGC BC PPC PCRX SIG CEMP MAC CAKE NBIX

CBOE Volatility Index (VIX) is down 2.17 to 17.14; January 21 calls and 15 puts are active on total volume of 250K contracts. cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) is down 1.73 to 31.16

CBOE S&P 500 Short-Term Volatility Index (VXST) is down 12.6% to 15.38; compared to its 10-day moving average of 15.74 stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) up 2.90 to 265.83 compared to its 50-day moving average of 262.36 cboe.com/micro/bxd/

S&P 100 Options (OEX) recently is recently up 14.42 to 908 as U.S. jobless claims decrease on a tighter labor market.