Volatility as an asset class
Cablevision (CVC) is recently up 5c to $20.33 after reporting Q1 EPS 20c, compared to consensus 17c. May call option implied volatility is at 40, June is at 29, September is at 32; compared to its 26-week average of 27.
MGM Resorts (MGM) is recently down 40c to $21 after reporting better than expected Q1 EPS 33c, compared to consensus 14c. May call option implied volatility is at 39, June is at 36, September is at 34; compared to its 26-week average of 36.