Volatility as an asset class
Herbalife (HLF) is recently up $3.90 to $38.34 after winning dismissal of class action "pyramid scheme" lawsuit. March call option implied volatility is at 106, April is at 68, May is at 70; compared to its 26-week average of 65.
General Mills (GIS) is recently down 45c to $51.60 after the food company's Q4 earnings beat estimates. March call option implied volatility of 24, April is at 17, July is at 16; compared to its 26-week average of 18