CBOE Mid-Day Update 4.15.15

Volatility as an asset class

Bank of America (BAC) is recently down 19c to $15.64 after reporting Q1 EPS with items 27c, compared to consensus 29c.  April call option implied volatility is at 26, May and June is at 19; compared to its 26-week average of 24.

PNC Financial (PNC) is recently down 96c to $92.66 after reporting Q1 revenue fell 1.2%. April call option implied volatility is at 21, May is at 18, August is at 16; compared to its 26-week average of 19.

U.S. Bancorp (USB) is recently up 16c to $43.70 on Q1 profits grew 2.4%.  April call option implied volatility is at 19, May is at 15, June is at 14; compared to its 26-week average of 17.

CBOE Russell 2000 Volatility Index (RVX) down 5.1% to 15.50, compared to its 50-day casino online moving average of 17.77. www.cboe.com/RVX

CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) down 2.3% to 4.83 cboe.com/VXTYN

CBOE Crude Oil Volatility Index (OVX) up 0.5% to 44.42 compared to its 10-day moving average of 46.63 as WTI oil trades near $54.  cboe.com/OVX

CBOE Volatility Index-VIX methodology for Energy Select Sector SPDR (VXXLE) down 0.7% to 19.38 cboe.com/micro/VIXETF/VXXLE/

Active options at CBOE: AAPL TSLA TWTR PBR AMZN NFLX PBR GILD DOW C RIG NFLX

Options with increasing volume @ CBOE: MCP SKS NSAM AMP CTXS KS WUBA CIT OC ASML SLM

CBOE Volatility Index (VIX) down 4.1% to 13.11, high 13.58, low 12.99, May 22 calls & May 15 puts active on total volume of 409K cboe.com/VIX

IPath S&P 500 VIX Short-Term Futures (VXX) is recently down 48c to 22.

CBOE S&P 500 Short-Term Volatility Index (VXST) is recently down 5% to 11.13; compared to its 50-day moving average of 13.53 stks.co/r0CS2

CBOE DJIA BuyWrite Index (BXD) up 77c to 273.96 compared to its 50-day moving average of 268.40 cboe.com/micro/bxd/

CBOE Mini-SPX options (XSP) up 85c to 210.45 http://www.cboe.com/micro/xsp/

S&P 100 Options (OEX) recently up 3.84 to 920.10 as oil trends up to $54 on lower than expected manufacturing data and industrial production figures in the U.S. and a report on Chinese GDP growth that matched expectations.