Blogging Options: CBOE Morning Update 5.19.15

ECB talking of accelerating next round of QE has shorts in Europe scrambling.  April Housing Starts higher than estimates, rebounding after February and March disappointed.  SPY up fractionally.  Last day to trade May VIX, settles tomorrow morning.  Volatility as an asset class

Home Depots (HD) is up $1.92 to $116.25 in the premarket on Q1 profit increasing 14.5%. May weekly call option implied volatility is at 34, June is at 21, August is at 20; compared to its 90-day average of 20.

Wal-Mart May (WMT) is down $1.94 to $77.97 after reporting less than expected Q1 results because of dollar movement overseas.  Also missed same-store-sales and operating income. May weekly call option implied volatility is at 29, June is at 16, July is at 15; compared to its 90-day average of 16.

Urban Outfitters (URBN) is off $5.92 to $34.75 in the premarket on Q1 results missed expectations. June call option implied volatility is at 38, September and December is at 30; compared to its 90-day average of 32.

Equities options volume @ CBOE 922,192 608,786 1,530,978 total cboe.com

Options expected to be active @ CBOE: WMT HD URBN TJX TTWO YOKU ADSK TGT HPQ

CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (TYVIX) at 6.13 stks.co/h2GXo

CBOE S&P 500 PutWrite Index $PUT @ 1507.95 CBOE.com/PUT

‏CBOE Nasdaq-100 Volatility Index (VXN) at 13.95, compared to its 10-day moving average of 15.65.

CBOE S&P 500 Short-Term Volatility Index (VXST) at 11.-1, compared to its 50-day moving average of 13.30.

VXST is a market-based gauge of expectations of 9-day stks.co/r0CS2

Velocity Share VIX Short Term ETN (VIIX) at 26.27, compared to its 10-day moving average of 28.13

iPath S&P 500 VIX Short-Term Futures (VXX) at 20.05, compared its 10-day moving average of 20.82.

CBOE Volatility Index (VIX) at 12.38, compared its 10-day moving average of 13.69.cboe.com/VIX

SPDR S&P 500 ETF Trust (SPY) is up $0.38 to $213.48 after European Central Bank suggested it may speed up its 1 trillion euro-bond buying campaign.

Calls with increasing volume at CBOE:

AAPL   5/22/2015  130 13K contracts
BRCM 8/21/2015     50 10K
BAC     6/19/2015     16   9K
HRB     1/15/2016     32   9K
CSCO   7/17/2015     30   9K
SPY       6/19/2015  225   8K
PG         7/17/2015 82.50 7K