WTI & Brent continue lower, pressuring stocks. U of M Confidence for March drops to 91.2% from 95.4% in February. 117K VIX Futures and 10 million option contracts trade by mid-day. SPX with 550K and VIX options show 215K change hands. Euro below 105, Rig count drops for 14th week in a row. Volatility as an asset class:
Energy Select Sector SPDR (XLE) is recently down 0.81 to $74.10 as WTI trades below $47. March call option implied volatility is at 25, April and June is at 23; compared to its 26-week average of 23.
Ann Inc. (ANN) is recently up $2.87 to $40.30 on better than expected Q4 results and outlook. March call option implied volatility is at 44, April is at 36, June is at 34; compared to its 26-week average of 34.
Aeropostale (ARO) is recently down $0.60 to $3.02 on a less than expected outlook. March call option implied volatility is at 79, April is at 66, July is at 67; compared to its 26-week average of 63.
ProShares UltraShort Euro (EUO) is down 49c to $28.26. Overall option implied volatility of 25 is compares to its 26-week average of 19.
CBOE EuroCurrency ETF Volatility Index (EVZ) up 5% to 14.20 compared to its 10-day moving average of 11.86
CBOE Mini-SPX options (XSP) -1.1% to 204.35 http://www.cboe.com/micro/xsp/
CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) up 0.35% to 5.81 cboe.com/VXTYN
CBOE Volatility Index-VIX methodology for Energy Select Sector SPDR (VXXLE) down 4.15% to 25.12. cboe.com/micro/VIXETF/VXXLE/
Active options at CBOE: AAPL C TWTR TSLA P PBR AA GOOG NFLX
Options with increasing volume @ CBOE: HLF LL ULTA HOG CTIC CTL LOCO IMPV BMRN IMOS ATHX GALE
CBOE Volatility Index (VIX) up 6.8% to 16.45, high 16.74, low 15.32, March 14, 15, 16 and 17 puts are active on total volume of 164K cboe.com/VIX
iPath S&P 500 VIX Short-Term Futures (VXX) is up 3.6% to 28.48.
CBOE S&P 500 Short-Term Volatility Index (VXST) is up 10.4% to 16.60; compared to its 50-day moving average of 15.94. stks.co/r0CS2
CBOE DJIA BuyWrite Index (BXD) down 1% to 265.23 compared to its 50-day moving average of 264.93 cboe.com/micro/bxd/
S&P 100 Options (OEX) down $9.36 to 897.62 as WTI crude traded to a six-week low on wide dollar movement.