CBOE Mid-Day Update 4.7.15

Volatility as an asset class

JPMorgan (JPM) is recently up 63c to $61.10 after being upgraded to Outperform from Market Perform at Bernstein. April call option implied volatility is at 23, May is at 18, June is at 17, September is at 18; compared to its 26-week average of 20.

Carnival (CCL) is recently up $1.38 to $49.14 after being upgraded to Outperform from Market Perform at Wells Fargo. April call option implied volatility is at 23, May is at 22, July is at 21; compared its 26-week average of 24.

Ralph Lauren (RL) is recently up $1.05 to $139.67 after being upgraded to Buy from Outperform at CLSA. April call option implied volatility is at 21, May is at 25, July is at 22; compared its 26-week average of 23.

CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) -2% to 5.34 cboe.com/VXTYN

CBOE Crude Oil Volatility Index (OVX) down 4% to 46.35 compared to its 10-day moving average of 49.85 as WTI oil trades near $50.  cboe.com/OVX

CBOE Volatility Index-VIX methodology for Energy Select Sector SPDR (VXXLE) down 1.5% to 21.19 cboe.com/micro/VIXETF/VXXLE/
Active options at CBOE: AAPL TSLA VZ TWTR PBR C MYL BP AA

Options with increasing volume @ CBOE: QUNR ATHN BKD PIR SPN NRZ VTR MYL CBS EWH

CBOE Volatility Index (VIX) down 3.3% to 14.26, high 14.73, low 14.01, April 16 and 19 calls are active on total volume of 230K cboe.com/VIX

iPath S&P 500 VIX Short-Term Futures (VXX) is recently down 40c to 24.12.

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently down 4.9% to 13.47; compared to its 50-day moving average of 14.41. stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) up 0.5% to 271.73 compared to its 50-day moving average of 267.11 cboe.com/micro/bxd/

CBOE Mini-SPX options (XSP) up 0.4% to 208.80 http://www.cboe.com/micro/xsp/

S&P 100 Options (OEX) recently up 0.5% to 911.40 as Minneapolis Fed President Narayana Kocherlakota on Tuesday laid out a case for waiting until the second half of 2016 to start raising interest rates, and to then raise them gradually to just 2 percent by the end of