Blogging Options: CBOE Morning Update 5.29.15

First Quarter GDP, first revision showed a  drop of 0.7%, slightly less than anticipated.  Futures shrugging it off, still slightly in the negative.  Volatility as an asset class:

GameStop (GME) is up $2.23 to $43.25 in the premarket after the gaming retailer reported Q1 EPS of $0.68, $0.09 better than the analyst estimate of $0.59. Same store sales increase 8.6% driven by 10% growth in new software sales.  May weekly call option implied volatility is at 140, June is at 46, July is at 36; compared to its 52-week range of 31 to 71.

Deckers Outdoor (DECK) is higher by $0.16 to $71.36 on inline Q4 results and a soft FQ1 outlook. May weekly call option implied volatility is at 180, June is at 56, August is at 39; compared to its 52-week range of 26 to 55.

Infoblox (BLOX) is up 33c to $26.65 in the premarket after the network controller company reported better than expected Q3 results and in line Q4 guidance. June call option implied volatility is at 63, July is at 47; compared to its 52-week range of 36 to 87.

VIX methodology for Apple (VXAPL) at 21, 52-week range 19.48 to 45.76 cboe.com/VXAPL

CBOE Gold Volatility Index (GVZ) at $14.51, compared to 10-day moving average of 15.13 cboe.com/GVZ

Equities options volume @ CBOE 685,900 calls, 484,098 puts, 1,169,998 total cboe.com

Options expected to be active @ CBOE: ALTR INTC GME ULTA BLOX DESK SPLK BIG

CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (TYVIX) at 6.01 stks.co/h2GXo

CBOE S&P 500 PutWrite Index (PUT) at 1509.15 CBOE.com/PUT

‏CBOE Nasdaq-100 Volatility Index (VXN) at 14.22, compared to 10-day moving average of 14.02.

CBOE S&P 500 Short-Term Volatility Index (VXST) at 12.23, compared to 50-day moving average of 12.66 VXST is a market-based gauge of expectations of 9-day stks.co/r0CS2

Velocity Share VIX Short Term ETN (VIIX) at 25.49, compared to 10-day moving average of 25.99

iPath S&P 500 VIX Short-Term Futures (VXX) at 18.88, compared to 10-day moving average of 19.23.

CBOE Volatility Index (VIX) at 13.31, compared to 10-day moving average of 12.85 cboe.com/VIX

SPDR S&P 500 ETF Trust (SPY) is recently up 10c to $212.60 as London trades flat, Paris down 1.1%, Frankfurt down 1%.

Calls with increasing volume at CBOE:

IWM 5/29/2015 125.50 12K contracts
SPY 5/29/2015 212 11K
MNKD 11/20/2015 4 11K
ASHR 7/17/2015 65 10K
AAPL 5/29/2015 132 8K