HOT Archives - CBOE Blogs

  • Market News | Trader Talk | Nov 16, 2015, 3:45 PM

    Not So HOT Bull Call Spread in Front of Marriott - Starwood Deal

    Not So HOT Bull Call Spread in Front of Marriott - Starwood Deal

    Domestic and Global M&A activity continues to be incredibly robust. In fact, 2015 is on track to be the best year ever, surpassing 2007, in both the US and worldwide for acquisitions. Much of the deal emphasis has been on technology and healthcare. These groups tend to have a number of conferences and the attendees have to stay somewhere. That leads us to the latest M&A transaction. Over the weekend, Marriott (MAR) announced their intent to buyout Starwood (HOT) shareholders in a $12.2 billion[...]

  • VIX | Blogging Options | Trader Talk | Apr 29, 2015, 11:57 AM

    CBOE Mid-Day Update 4.29.15

    CBOE Mid-Day Update 4.29.15

    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[...]