CBOE

CBOE

Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.

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Blogging Options: CBOE Morning Update 7.30.14

ADP July number misses expectations (gain of 219k jobs versus 230k expected and 281k rise in June), but first peek at Q2 GDP showed a jump to + 4% (+3% expected).  Part of the GDP data was estimated due to incomplete June #’s, so expect revisions when second look and final Q2 announced).  Q1 GDP [...]

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CBOE Mid-Day Update 7.29.14

Volatility as an asset class Merck (MRK) is recently up $1.19 to $59.15 on Q2 sales and profits that beat expectations.  August call option implied volatility is at 15, September is at 14, January is at 15; compared to its 26-week average of 18. Pfizer (PFE) is recently down 10c to $30 after backing its [...]

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Blogging Options: CBOE Morning Update 7.29.14

Slow news-night.  Overseas markets up fractionally as 2-day FED meeting begins, and few newsworthy comments expected.  VIX futures calm overnight.  Beautiful weather in midwest again this week, trains empty coming into downtown Chicago.  little Volatility as an asset classUPS (UPS) is down $3.00 to $99.66 in the premarket after cutting FY14 adjusted EPS view to [...]

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Floor Trading History 101: Hand Signals

With the millions of investors and traders across the country involved in the stock, options, and commodities markets, very few have actually seen these products traded in person. Someone who has never taken a tour of any one of these trading floors is missing out on an art that takes years to perfect yet only [...]

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Blogging Options: CBOE Mid-day Update 7.28.14

Volatility as an asset class Trulia (TRLA) is recently up $6.75 to $63.12 on Zillow (Z) acquiring for $70.53 per share. August call option implied volatility is at 57, September is at 55, December is at 43; compared to its 26-week average of 56. Zillow August call option implied volatility is at 55, September is [...]

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CBOE Mid-Day Update 7.25.14

Volatility as an asset class Baidu (BIDU) is recently up $18.26 to $222.46 after reporting better than expected Q2 results and mobile revenue reached 30% of overall revenue. August and September call option implied volatility is at 28, December is at 31; compared to its 26-week average of 42. Xerox (XRX) is recently up 35c [...]

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CBOE Mid-Day Update 7.24.14

Volatility as an asset class Ford (F) is recently up 19c to $17.97 on Q2 profit increasing 6% to $1.3B.  July weekly call option implied volatility is at 24, August is at 18, September and October is at 17; compared to its 26-week average of 23. Under Armour (UA) is recently up $9.53 to $70.16 on Q2 net [...]

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Blogging Options: CBOE Morning Update 7.24.14

Ford up $0.30, GM drops $0.70 and CAT falls ~$3 as earnings keep rolling in this morning.  AMR Group declares first dividend in 34 years.  Weekly Claims fall again.  Overseas markets drift higher.  Volatility as an asset class: Qualcomm (QCOM) is down $3.83 to $77.76  in the premarket after the chip manufacturer reported a 42% [...]