Volatility as an asset class
Five Below (FEYE) is recently down after the discount retailer reported on better than expected Q1 results and raising 2015 outlook. June call option implied volatility is at 33, July and August is at 32; compared to its 52-week range of 33 to 73.
Ciena (CIEN) is recently up 46c to $24.90 after reporting better than expected Q2 results and a 2015 outlook. June weekly call option implied volatility is at 42, June is at 30, October is at 35; compared to its 52-week[...]