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  • VIX | Blogging Options | Trader Talk | Mar 18, 2015, 12:52 PM

    CBOE Mid-Day Update 3.18.15

    CBOE Mid-Day Update 3.18.15

    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 Navistar (NAV)[...]

  • VIX | Blogging Options | Trader Talk | Mar 18, 2015, 7:42 AM

    Blogging Options: CBOE Morning Update 3.18.15

    Blogging Options: CBOE Morning Update 3.18.15

    Traders patiently awaiting FED minutes and their wording early this afternoon.  FDX with good Quarterly numbers beating estimates by $0.13 but guided full year lower.   USD lower, 10-year 2.02%, overseas markets mixed on light data.  13K VIX Futures trade in early session this morning.  Volatility as an asset class: FedEx (FDX) is off $2.75 to $172.96 in the preopen on better than expected Q3 results, but sees FY15 EPS $8.80-$8.95 (consensus $8.96). March call option implied volatility[...]

  • VIX | Blogging Options | Trader Talk | Mar 17, 2015, 11:59 AM

    CBOE Mid-Day Update 3.17.15

    CBOE Mid-Day Update 3.17.15

    Volatility as an asset class CBOE Interest Rate 5 Year Note (FVX) is recently down 1.1% to 15.51 into Wednesday’s FOMC policy meeting decision CBOE Interest Rate 10-year T-Note (TNX) is recently down 1.9% to $20.59 compared to its 10-day moving average of 21.27. CBOE 30-Year Treasury Bond (TYX) closed is recently down 2.3% to 26.16; compared to its 10-day moving average of 27.14. CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) down 0.51% to 5.80 cboe.com/VXTYN CBOE EuroCurrency[...]

  • Market News | Blogging Options | Trader Talk | Mar 17, 2015, 7:55 AM

    Blogging Options: CBOE Morning Update 3.17.15

    Blogging Options: CBOE Morning Update 3.17.15

    Top 'o the mornin to ya.   Oil hit $42.65 this morning (Brent approaching $53), as traders contemplate an additional 800K barrel's of Oil per day arriving after Iran Nuke deal.  Housing Starts fell 17%, lowest print in 18 months.  Weather blamed again, but Starts in West fell 18.2%.  How this affects FED meeting unclear.  Early election results in Israel expected near NY close.  European stocks lower, Asia mixed.  10-year yield drops below 2.06%.  Almost[...]

  • VIX | Blogging Options | Trader Talk | Mar 16, 2015, 11:52 AM

    CBOE Mid-Day Update 3.16.15

    CBOE Mid-Day Update 3.16.15

    Volatility as an asset class Procter & Gamble (PG) is recently up $1.64 to $83.46 on weighs deal for beauty brands, Bloomberg reports. March call option implied volatility is at 20, April and March is at 15; compared to its 26-week average of 15. Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently down 90c to $43.82 into the FOMC policy meeting decision on March 18. March call option implied volatility is at 44, April is at 31, June is at 29; compared to its 26-week average of 26. Life[...]

  • Blogging Options | Mar 16, 2015, 7:58 AM

    Blogging Options: CBOE Morning Update 3.16.17

    Blogging Options: CBOE Morning Update 3.16.17

    Stock futures higher in pre-open.  Empire State Manufacturing disappointed with a 6.9 print for March (7.9% expected), with New Orders showing a decrease.  Not much economic news expected for the rest of the day.  Oil down 1%, Gold fractionally higher.  Earnings estimates cut for MSFT by a major firm, NFLX (off $7) cut to "Hold" by another.  FED Minutes Wednesday afternoon.  Volatility as an asset class: SPDR S&P Oil and Gas Exploration and Production ETF[...]

  • Market News | VIX | Trader Talk | Mar 13, 2015, 3:00 PM

    The Weekly Options News Roundup – 3/13/2015

    The Weekly Options News Roundup – 3/13/2015

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets. A Whole New World Earlier this week, CBOE announced that its first two MSCI Index options -- the MSCI Emerging Markets Index (option ticker: MXEF) and the MSCI EAFE Index (option ticker: MXEA) -- will launch on April 21, pending regulatory approval.  Customers will have the opportunity to efficiently gain exposure[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 13, 2015, 12:30 PM

    CBOE Mid-Day Update 3.13.15

    CBOE Mid-Day Update 3.13.15

    WTI & Brent continue lower, pressuring stocks.  U of M Confidence for March drops to 91.2% from 95.4% in February.  117K VIX Futures and 10 million option contracts trade by mid-day.  SPX with 550K and VIX options show 215K change hands.  Euro below 105, Rig count drops for 14th week in a row.  Volatility as an asset class: Energy Select Sector SPDR (XLE) is recently down 0.81 to $74.10 as WTI trades below $47. March call option implied volatility is at 25, April and[...]

  • Market News | Blogging Options | Mar 13, 2015, 7:55 AM

    Blogging Options: CBOE Morning Update 3.13.15

    Blogging Options: CBOE Morning Update 3.13.15

    Oil prices the big story this morning, as WTI falls 2% to ~$46.  PPI in February dropped a surprising 0.5%, food prices were the main component, falling 1.6%.  Stock Futures  weak.  Talk of the floor this morning was Will Farrell playing 9 positions and DH for 10 MLB teams in Spring Training yesterday, raising over $1 million for two cancer charities.  It will be a TV special in the fall.  Volatility as an asset class: Ulta Salon (ULTA) is up $12.68 to $157.50 in the[...]

  • VIX | Blogging Options | Trader Talk | Mar 12, 2015, 12:28 PM

    CBOE Mid-Day Update 3.12.15

    CBOE Mid-Day Update 3.12.15

    Volatility as an asset class Volatility has increased for currencies as the euro trades near a 12-year low. Euro Currency Trust (FXE) is recently up 79c to $104.45.  March weekly call option implied volatility is at 21, March is at 16, April is at 12, June is at 10; compared to its 26-week average of 10 according to Track Data, suggesting large near term price movement. PowerShares DB US Dollar Index Up (UUP) is recently down 16c to $26.20. Overall option implied volatility of 10 compares to[...]

  • Market News | Blogging Options | Trader Talk | Mar 12, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.12.15

    Blogging Options: CBOE Morning Update 3.12.15

    Retail Sales for February were down 0.6% (small rise expected, Core off 0.2% as expected).  This following a Jan drop of 0.8% and Dec Sales reporting  -0.9%...   So stock futures are higher.   Weekly Jobless Claims fell, erasing some of last week's spike higher.  Intel (off $1.48) with revenue warning before the open. Traders talking about glut of Crude in US, running out of storage space waiting for higher prices.  FED approved 29/31 major banks capital plans helps[...]

  • VIX | Blogging Options | Trader Talk | Mar 11, 2015, 12:43 PM

    CBOE Mid-Day Update 3.11.15

    CBOE Mid-Day Update 3.11.15

    Volatility as an asset class Express (EXPR) is recently up 36c to $15.31 after the retailer reported better than expected Q4 results and outlook. March call option implied volatility is at 42, April is at 36, July is at 38; compared to its 26-week average of 46. Mastercard (MA) is recently down $1.24 to $87.60 after 12.773M share Spot Secondary priced at $86.85. March call option implied volatility is at 23, April is at 21, May is at 22; compared to its 26-week average of 22. SanDisk (SNDK) is recently[...]

  • Blogging Options | Mar 11, 2015, 7:34 AM

    Blogging Options: CBOE Morning Update 3.11.15

    Blogging Options: CBOE Morning Update 3.11.15

    US Markets with a small bounce higher after yesterday's smackdown.  EUR falls below 106.5 vs. the USD overnight.  General Mills off $0.71, Vera Bradley Q4 misses and is off $2.50, BUD up $2, EXPR beats and is up $1 in the pre-market.  European shares mostly higher.   Volatility as an asset class: Volatility has increased for currencies as the euro declined to a fresh 12-year low and negative German interest rates. Euro Currency Trust (FXE) is down 91c to $104.35 in the premarket.[...]

  • VIX | Blogging Options | Trader Talk | Mar 10, 2015, 11:50 AM

    CBOE Mid-Day Update 3.10.15

    CBOE Mid-Day Update 3.10.15

    Volatility as an asset class Barnes & Noble (BKS) is recently down $2.09 to $22.77 on the bookseller sees FY15 retail SSS declining in low-single digits.  March call option implied volatility is at 39, April is at 38, July is at 37; compared to its 26-week average of 42. EMC (EMC) is recently down 60c to $27.26 on the information storage company sees EPS growth accelerating to double digits in 2018. March weekly call option implied volatility is at 30, March is at 24, April is at 23, July[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 10, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.10.15

    Blogging Options: CBOE Morning Update 3.10.15

    After yesterday's nice rally, we give it all back.  US Dollar hitting 12-year high (1.076 vs EUR) push Asian shares lower, with European stocks off over 1%. Brent Crude off 1.3%, Gold flat, Grains lower.  + 16 K VIX Futures trade in early hours session. JOLTS Surver after the opening.  Volatility as an asset class: Qualcomm (QCOM) is up $1.43 to $74.10 in the premarket following its increase in capital return programs, including a $15B stock buyback authorization and dividend raise.[...]