Tag Archives: CVX

No Comments

CVX Time Value Spread Strategy

The price of crude oil has not seen such a precipitous drop in price since 2008 when the overall economy cratered. On July 11th, 2008 crude closed at $144.96. On December 19th, 2008 crude closed at $33.17. Today the economy is not imploding. The drop in price is attributed more to an excess of supply […]






No Comments

CBOE Mid-Day Update 1.7.15

Volatility as an asset class The ‘Majors’ option implied volatilities has increased as WTI Crude Oil futures trends below $48 Exxon Mobil (XOM) overall option implied volatility of 25 compares to its 26-week average of 18. BP (BP) overall option implied volatility of 31 compares to its 26-week average of 18. ConocoPhillips (COP) overall option implied […]






No Comments

Blogging Options: CBOE Morning Update 12.31.14

US Stock futures up fractionally, Weekly Claims rise a little more than expected, Crude drops again, trading below $53 per bbl.  Kink Abdullah of Saudi Arabia reportedly hospitalized for tests mat be adding to price instability.  10-year 2.18%. Regular trading hours today.  Volatility as an asset class: Chevron (CVX) is down 60c to $112.51 in […]






No Comments

CBOE Mid-Day Update 10.31.14

Volatility as an asset class Exxon Mobil (XOM) is recently up $1.44 to $95.87 on Q3 earnings increasing 2.5% on higher refining margins. November weekly call option implied volatility is at 15, December is at 14, January is at 13; compared to its 26-week average of 18. Chevron (CVX) is recently up $1.41 to $118.65 […]






No Comments

Blogging Options: CBOE Mid-day Update 11.1.13

Volatility as an asset class WellCare Health Plans (WCG) is recently down $4.96 to $61.73 are falling after the managed care services company reported Q3 results that beat analysts’ consensus estimates, but lowered its full year profit outlook. December call option implied volatility is at 25, January and March is at 26; compared to its […]






No Comments

Blogging Options: CBOE Morning Update 10.10.13

Volatility as an asset class Citrix (CTXS) is down $8.16 to $58.50 in the premarket after the enterprise software maker missed on earnings and lowered its Q3 EPS and revenue outlook. Overall volatility of 35 is near its 26-week average of 34. Quest Diagnostics (DGX) is down $3.58 to $57.85 after forecasting weaker-than-expected results in its […]