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  • VIX | Blogging Options | Trader Talk | Dec 29, 2014, 8:08 AM

    Blogging Options: CBOE Morning Update 12.29.14

    Blogging Options: CBOE Morning Update 12.29.14

    Markets digesting the gains of the last few weeks.  Elections in Greece trying to pull markets lower this morning, and oil disruptions in Libya have Brent Crude trading higher.  Full trading schedule through Wednesday, trains empty on way in this morning.  Volatility as an asset class Manitowoc (MTW) is up $2.09 to $23.01 in the pre-market after activist investor Carl Icahn revealed in a regulatory filing that he has taken a 7.7% stake in the maker of heavy cranes and food service[...]

  • VIX | Blogging Options | Trader Talk | Dec 26, 2014, 12:55 PM

    CBOE Mid-Day Update 12.26.14

    CBOE Mid-Day Update 12.26.14

    Volatility as an asset class Oil indexes and ETF option implied volatility is elevated as WTI Crude oil trades below $57 ProShares Ultra DJ-UBS Crude Oil (UCO) overall option implied volatility of 92 compares to its 26-week average of 45. Energy Select Sector SPDR (XLE) overall option implied volatility of 26 compares to its 26-week average of 23. United States Natural Gas Fund (UNG) overall option implied volatility of 59 compares to its 26-week average of 37. Oil Services Holders Trust (OIH) overall[...]

  • Blogging Options | Trader Talk | Dec 26, 2014, 8:14 AM

    Blogging Optiions: CBOE Morning Update 12.26.14

    Blogging Optiions: CBOE Morning Update 12.26.14

    Regular trading hours today but trains empty into work this morning.  Boxing Day holiday today, several major exchanges around world are closed  (England, Hong Kong, Australia, etc., and as St Stephens Day in South Africa). Futures higher, trying to add on to Wednesdays (light volume) higher close.  Brent Crude above $60 bbl, Nat Gas ticked below $3 this morning.  Russia says Ruble crisis over, so that's good.  Volatility as an asset class: Market-Vector Russia ETF Trust[...]

  • VIX | Blogging Options | Trader Talk | Dec 24, 2014, 11:36 AM

    CBOE Mid-Day Update 12.24.14

    CBOE Mid-Day Update 12.24.14

    Volatility as an asset class Global option implied volatility stays elevated on wide price movement iShares FTSE Xinhua China 25 Index (FXI) overall option implied volatility of 24 compares to its 26-week average of 20. MSCI Brazil Index (EWZ) overall option implied volatility of 31 compares to its 26-week average of 29. iShares MSCI Germany (EWG) overall option implied volatility of 24 compares to its 26-week average of 20. Active options at CBOE: AAPL TSLA TWTR AMZN FB PBR GILD Options with increasing[...]

  • Market News | Blogging Options | Trade Ideas | Dec 24, 2014, 7:45 AM

    Blogging Options: CBOE Morning Update 12.24.14

    Blogging Options: CBOE Morning Update 12.24.14

    Holiday shortened trading schedule today in US, Europe on early schedule as well.  Weekly Claims with a slight drop. Crude lower.  US Futures up modestly. Volatility as an asset class: Large Cap oil Services Company’s volatility is elevated as WTI Crude oil trades below $56 Baker Hughes (BHI) overall option implied volatility of 36 compares to its 26-week average of 28. Halliburton (HAL) overall option implied volatility of 38 compares to its 26-week average of 29. National Oilwell[...]

  • VIX | Blogging Options | Trader Talk | Dec 23, 2014, 12:00 PM

    CBOE Mid-Day Update 12.23.14

    CBOE Mid-Day Update 12.23.14

    Volatility as an asset class VIX methodology for Goldman Sachs (VXGS) down 4.1% to 24.38, compared to its 50-day moving average of 22.59. cboe.com/VXGS VIX methodology for Apple (VXAPL) down 0.7% to 28.09, compared to its 50-day moving average of 26.04. cboe.com/VXAPL VIX methodology for Amazon (VXAZN) down 3% to at 33.97, compared to its 50-day moving average of 33.5. cboe.com/VXAZN VIX methodology for Google (VXGOG) down 1.6% to 24.60, compared to its 50-day moving average of 24.56. cboe.com/VXGOG VIX[...]

  • Blogging Options | Dec 23, 2014, 7:54 AM

    Blogging Options: CBOE Morning Update 12.23.14

    Blogging Options: CBOE Morning Update 12.23.14

    US Stocks firmed in early trade after the Q3 GDP Final was revised higher to +5.0%.  Tempering the euphoria was November Durable Goods at -0.7% missing by mile (up 2.4% expected), X-Transports fell 0.4%, X-Defense dropped 0.1%.  Oil up 1.5%, European shares firm.  10-year 2.18%.  Volatility as an asset class: Chesapeake Energy (CHK) is up $0.84 to $19.26 in the premarket after announcing a $1B stock repurchase authorization. Overall option implied volatility of 51 compares to[...]

  • Market News | VIX | Blogging Options | Trader Talk | Dec 22, 2014, 11:51 AM

    CBOE Mid-Day Update 12.22.14

    CBOE Mid-Day Update 12.22.14

    Volatility as an asset class Gilead (GILD) option implied volatility has increased after Express Scripts (ESRX) will offer AbbVie's (ABBV) just approved hepatitis C regimen Viekira Pak. Gilead is recently down $15.95 to $92.84.  December weekly put option implied volatility is at 55, January is at 41; compared to its 26-week average of 34. Express Scripts is recently up 93c to $81.91.  January and February call option implied volatility of 19 compared\s to its 26-week average of 20. AbbVie's[...]

  • Market News | VIX | Trader Talk | Dec 19, 2014, 1:37 PM

    The Weekly Options News Roundup – 12/19/2014

    The Weekly Options News Roundup – 12/19/2014

    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. CBOE’s Index Options Go Global As announced last week, CBOE has entered into a licensing agreement with MSCI to offer options trading on multiple MSCI Indexes, including the MSCI EAFE Index and MSCI Emerging Markets Index.  CBOE’s MSCI Index options will help asset managers efficiently gain international[...]

  • VIX | Blogging Options | Trader Talk | Dec 19, 2014, 12:11 PM

    CBOE Mid-Day Update 12.19.14

    CBOE Mid-Day Update 12.19.14

    Volatility as an asset class CarMax (KMX) is recently up $5.76 to $66.29 on better than expected Q3 results and customer traffic growth. January call option implied volatility is at 28, April is at 31; compared to its 26-week average of 32. Finish Line (FINL) is recently down $5.63 to $23.28 after lowering its earnings outlook for the year on margin pressures. January call option implied volatility is at 34, February is at 35; compared to its 26-week average of 34. Xerox (XRX) is recently up 34c[...]

  • VIX | Blogging Options | Trader Talk | Dec 18, 2014, 11:52 AM

    CBOE Mid-Day Update 12.18.14

    CBOE Mid-Day Update 12.18.14

    Volatility as an asset class Oracle (ORCL) is recently up $3.40 to $44.56 after Q2 results beat estimates as Q2 total software plus cloud revenue grew 5% to $7.3B. December call option implied volatility is at 26, January is at 21, February is at 19; compared to its 26-week average of 21. Cloud software-as-a-service, platform-as-a-service and infrastructure-as-a-service stocks have rallied as volatility decreased. Salesforce.com (CRM) is recently up $2.28 to $59.25. December call option implied volatility[...]

  • VIX | Blogging Options | Trader Talk | Trade Ideas | Dec 18, 2014, 8:05 AM

    Blogging Options: CBOE Morning Update 12.18.14

    Blogging Options: CBOE Morning Update 12.18.14

    Overseas markets rallying overnight (European and Asian shares up 1% to 2%), helping US stock futures add to yesterdays gains.   Options activity brisk yesterday, as CBOE trades 6.7 million of 20.8mm contracts.  SPX with 1.49mm and VIX with 975K led the way. Oil and Ruble up slightly this morning. Volatility as an asset class: Oracle (ORCL) is up $2.11 to $43.27 in the premarket on Q1 revenue increasing +3.5% compared to year ago on strong cloud growth. December call option implied volatility[...]

  • VIX | Blogging Options | Trader Talk | Dec 17, 2014, 12:04 PM

    CBOE Mid-Day Update 12.17.14

    CBOE Mid-Day Update 12.17.14

    Volatility as an asset class Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently up 66c to $46.22 into the FOMC policy statement.  December call option implied volatility is at 37, January is at 27, March is at 26; compared to its 26-week average of 24. IShares Barclay 20+ YR Treasury ETF (TLT) is recently down 93c to $126.68.  Overall option implied volatility of 15 is above its 26-week average of 11. Whirlpool (WHR) is recently up $9.28 to $183.82 on targeting to[...]

  • Market News | Blogging Options | Trader Talk | Dec 17, 2014, 7:56 AM

    Blogging Options: CBOE Morning Update 12.17.14

    Blogging Options: CBOE Morning Update 12.17.14

    CPI for November dropped 0.3% due to falling energy prices.  Core Rate (-Food & Energy) rose 1.7%, close to in-line.  Stocks added to early gains after this report.  Fed Minutes later this morning.  Ruble still center-stage today.  Volatility as an asset class Market-Vector Russia ETF Trust (RSX) is down 12c to $14.26 in the premarket as Russian ruble weakens. Overall option implied volatility of 61 is above its 26-week average of 29. FedEx (FDX) is off $6.06 to $168.20[...]

  • VIX | Blogging Options | Trader Talk | Dec 16, 2014, 11:43 AM

    CBOE Mid-Day Update 12.16.14

    CBOE Mid-Day Update 12.16.14

    Volatility as an asset class iPath S&P GSCI Crude Oil Total Return (OIL) is recently up 22c to $13.26 as WTI crude oil trades above $56.  Overall option implied volatility of 60 compares to its 26-week average of 25. Energy Select Sector SPDR (XLE) is recently up $2.09 to $75.49. December call option implied volatility is at 40, January is 35, March is at 33; compared to its 26-week average of 20. ProShares Ultra DJ-UBS Crude Oil (UCO) is recently up 26c to $11.39. Overall option implied[...]