Volatility as an asset class
MasterCard (MA) is recently up 62c to $90.86 on better than expected Q2 profit but warns of currency headwinds. May weekly call option implied volatility is at 29, May is at 22, June is at 19, October is at 20; compared to its 26-week average of 23.
Starwood (HOT) is recently up $6.15 to $86.99 after announcing its exploring strategic and financial alternatives. May call option implied volatility is at 27, June is at 24, August is at 25; compared to its 26-week[...]