Category Archives: Blogging Options

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Blogging Options: CBOE Morning Update 4.17.14

Expiration Thursday.   Weekly jobless Claims better than expected.  GS misses on earnings but bullish comments push shares higher. No news in Ukraine is good news for markets. IBM (IBM) is down $8.10 to $188.30 in the premarket after meeting earnings estimates of $2.54 per share but reporting its lowest quarterly revenue total in five years. [...]

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Blogging Options: CBOE Mid-day Update 4.16.14

Volatility as an asset class Yelp (YELP) is recently up $2.02 to $65.08 after the company that connects people with local businesses was upgraded by Citigroup to Buy from Hold. April weekly call option implied volatility is at 70, May is at 79, August is at 69; compared to its 26-week average of 63. U.S. [...]

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Blogging Options: CBOE Morning Update 4.16.14

Housing Starts with a slight miss, economic news out of China somewhat murky.  After yesterdays wild ride, overseas markets higher, as are US futures. Industrial Production and Cap Use released shortly.  Options Expiration tomorrow with Good Friday trading holiday. Volatility as an asset class Yahoo! (YHOO) is up $2.49 to $36.80 in the premarket after [...]

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CBOE Mid-Day Update 4.15.14

US stocks rallied, sold off and are currently sharply unchanged.  Option volume at 12:30 CDT was ~13.6mm, 3.925mm at CBOE.  SPX and VIX traded over 550k, SPY with 1.65mm contracts. Some slightly better Q1 Earnings news being overshadowed by shots allegedly fired in Ukraine.  NASDAQ still weak. 10-year at 2.62%. Potash (POT) is up $0.82 [...]

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Blogging Options: CBOE Morning Update 4.14.14

Overseas markets mixed as tensions rise again in Ukraine, Traders talking about story from a Wall St. firm with in-depth report on VIX and market direction. Volatility as an asset class Citigroup (C) is up $1.34 to $47.10 in the premarket after reporting Q1 EPS ex CVA/DVA $1.30, consensus $1.14  April call option implied volatility [...]

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Blogging Options: CBOE Mid-day Update 4.11.14

Volatility as an asset class Apple (AAPL) is recently down $2.20 to $521, near its six-low onto the expected release of Q2 results on April 23.  4/25/14 weekly call option implied volatility is at 34, May is at 25, June is at 23, October at 21; compared to its 26-week average of 26. VIX methodology [...]

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Blogging Options: CBOE Morning Update 4.11

Opening Day in VXST options went well yesterday with over 3,000 contracts trading.  March PPI rose an unexpected  0.5% (flat to up 0.1% expected).  Core Rate (X-Food & Energy) up 0.6%, highest reading in 3 years.  Overseas stocks follow US markets lower overnight, NIKKEI & DAX drop ~2%.  U of M later this morning. Wells [...]

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CBOE Mid-Day Update 4.10.14

VXST options opened for trading on an interesting day.   With momentum tech stocks resuming their downward spiral and their  option implied volatility increasing, VXST options traded several thousand contracts by noon.  VXST futures traded a very respectable 81 contracts.  Option volume overall was heavy. Facebook (FB) is down $3.00 to $59.41. April call option implied [...]