CBOE Mid-Day Update 1.28.15

Stocks soften on Hawkish FED & Yellen remarks. Crude trades at 6-year low, with WTI under $44.50.  10-year drops 9 basis points to 1.73.  Options volume pretty average.

Boeing (BA) is up $7.95 to $140.55 on better than expected Q4 results and light guidance. February, March and April call option implied volatility is at 17; compared to its 26-week average of 19.

US Steel (X) is up $2.73 to $24 on better than expected Q4 results and outlook.  February call option implied volatility is at 53, March is at 57, April is at 50, July is at 42; compared to its 26-week average of 43.

Illumina (ILMN) is recently up $1 from $204.24 after the company’s sequencing business performed better in Q4 than implied by the company’s expectations.  February, March and June call option implied volatility is at 36; compared to its 26-week average of 42.

CBOE Volatility Index-VIX methodology for Energy Select Sector SPDR (VXXLE) up 8.2% to 29.62. cboe.com/micro/VIXETF/VXXLE/

Active options at CBOE: AAPL PBR X TWTR C NFLX YHOO TSLA MNKD FB

Options with increasing volume @ CBOE: TPX COMM GNTX FSL TUP LXK IDTI BHP HRB TEL

CBOE Volatility Index (VIX) up 7% (1.35) to 18.57.  February 23 and 25 calls are active on total volume of 119K cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) is higher by 2% to 32.62.

CBOE S&P 500 Short-Term Volatility Index (VXST) is up 7% to 18.77; compared to its 50-day moving average of 15.81 stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) up 44c to 262.27 compared to its 50-day moving average of 262.38 cboe.com/micro/bxd/

S&P 100 Options (OEX) recently is recently up 1.42 to 890.40 into the Fed’s first two-day policy meeting of the year concludes this afternoon.