Tag Archives: HES

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CBOE Mid-Day Update 7.30.14

Volatility as an asset class US Steel (X) is recently up $5.36 to $33.03 on a less than expected Q2 loss. August call option implied volatility is at 36, September and January is at 30; compared to its 26-week average of 34. Hess (HES) is recently up $2.05 to $101.47 after reporting better than expected […]

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Weekend Review

Barron’s – Steven Sears’ column starts off with a suggestion of how to hedge an equity portfolio if you are concerned about the lofty level of the stock market. The suggestion is to buy a SPY Mar 150 Put and sell a SPY Mar 145 Put. It is noted that it would take 32 contracts […]