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Cboe Blog

Cboe Global Markets, the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.

  • Market News | VIX | Jun 5, 2015, 3:00 PM

    The Weekly Options News Roundup – 6/05/2015

    The Weekly Options News Roundup – 6/05/2015

    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. CBOE and LiveVol: Technological Leaders Unite Earlier this week, CBOE announced the acquisition of Livevol, a technological leader in market data services and the trading analytics space.   The synergies between the two entities will provide customers with greater access to data analytics supporting products[...]

  • VIX | Blogging Options | Trader Talk | Jun 5, 2015, 12:20 PM

    CBOE Mid-Day Update 6.5.15

    CBOE Mid-Day Update 6.5.15

    Volatility as an asset class Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently up 93c to $49.69 on May nonfarm payrolls rise 280K and May Unemployment at 5.5%. 6/12/15 call option implied volatility is at 30, June is at 32, September is at 33; compared to its 52-week range of 18 to 35. IShares Barclay 20+ YR Treasury ETF (TLT) is recently down $1.25 to $117.80. 6/12/15 call option implied volatility is at 15, June and July is at 16; compared to its 52-week range of 9 to 18. Wal-Mart[...]

  • Market News | VIX | Blogging Options | Trader Talk | Jun 5, 2015, 8:06 AM

    Blogging Options: CBOE Morning Update 6.5.15

    Blogging Options: CBOE Morning Update 6.5.15

    (Editors Note: Marty Kearney, Editor of CBOE OptionHub and Senior Instructor at Options Institute retires today after long (he says 100 year) option career. He hopes to contribute periodically to our blog).  May NFP reported as a gain of 280K, higher than the 240K expected (but a wide range of expectations this month).  March revised higher, April reduced fractionally. Headline Unemployment rises to 5.5%, caused by Participation Rate rising.  Average Hourly Wage up 0.3%, higher than[...]

  • VIX | Blogging Options | Trader Talk | Jun 4, 2015, 11:48 AM

    CBOE Mid-Day Update 6.4.15

    CBOE Mid-Day Update 6.4.15

    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[...]

  • Market News | Blogging Options | Trader Talk | Jun 4, 2015, 8:33 AM

    Blogging Options: CBOE Morning Update 6.4.15

    Blogging Options: CBOE Morning Update 6.4.15

    Overseas markets soft this morning, Asian shares had been much lower before cutting losses by 2/3.  Weekly Jobless in line to slightly better, Greek situation may be clearer by tomorrow's close - we've heard that before. VIX Futures active in extended overnight session with overseas volatility increasing.  10-year yield ticked at 2.4% earlier.  Traders in Chicago pleased with BlackHawks win last night.  Volatility as an asset class DISH (DISH) is up $3.79 to $74.60 in the premarket[...]

  • VIX | Blogging Options | Trader Talk | Jun 3, 2015, 12:43 PM

    CBOE Mid-Day Update 6.3.15

    CBOE Mid-Day Update 6.3.15

    Volatility as an asset class Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently up $1.35 to $50.08 as traders react to expectations of the FOMC raising rates. June weekly call option implied volatility is at 42, June is at 34, September is at 33; compared to its 52-week range of 18 to 35. IShares Barclay 20+ YR Treasury ETF volatility elevated (TLT) is recently down $1.94 to $117.48.  June weekly call option implied volatility is at 21, June is at 17, July is at 16; compared to[...]

  • Market News | Blogging Options | Trader Talk | Jun 3, 2015, 8:12 AM

    Blogging Options: CBOE Morning Update 6.3.15

    Blogging Options: CBOE Morning Update 6.3.15

    ADP Payroll's for May showed a gain of 201K new jobs, somewhat tepid as 95% were in Service Sector.  April ADP with a slight revision downward.  Friday's NFP still looking in + 225K range.  European shares helping US Futures rally on ECB leaving rates unchanged as expected, but also hints of wiggle room on Greece debt payment due Friday.  Gold & Oil lower, yields higher.  Game #1 of NHL Finals tonight, Go Hawks.   Volatility as an asset class Ambarella (AMBA) is[...]

  • Trader Talk | Trade Ideas | Jun 2, 2015, 7:59 AM

    Blogging Options: CBOE Morning Update 6.2.15

    Blogging Options: CBOE Morning Update 6.2.15

    Greek creditors and government officials exchanging "final" offers, with markets weighing leaked details from both sides.  Will this finally be resolved?  Overseas markets mostly lower, 10-year yield up to 2.24%.  Richard Croft, R. N. Croft Financial, spoke at Option Education Day Forum in Vancouver last Saturday, saying Covered Write on stocks through August his choice, and buying calls due to low volatility when FED tightens (Sept.?) as earnings improve in Q3 & Q4.[...]

  • VIX | Blogging Options | Jun 1, 2015, 12:00 PM

    CBOE Mid-Day Update 6.1.15

    CBOE Mid-Day Update 6.1.15

    Volatility as an asset class Oncothyreon Inc. (ONTY) is recently up 60c to $4.03 after announcing positive data from the company's ongoing trials of ONT-380, an orally active, reversible and selective small-molecule HER2 inhibitor for the treatment of breast cancer, at the American Society of Clinical Oncology (ASCO) 2015 Annual Meeting.  June call option implied volatility is at 105, July is at 108, November is at 103; compared to its 52-week range of 63 to 288. ImmunoGen, Inc. (IMGN) is recently[...]

  • VIX | Blogging Options | Trader Talk | Jun 1, 2015, 7:52 AM

    Blogging Options: CBOE Morning Update 6.1.15

    Blogging Options: CBOE Morning Update 6.1.15

    Greece and China in the news as we roll into June trading.  Deal/no deal in Greece and mixed economic news reported in China have US futures up fractionally.  MSFT up $0.25 on Windows 10 launch date announcement.  Chicago traders happy about Hawks moving on to Stanley Cup finals. Volatility as an asset class The 'Majors' option implied volatilities is flat into OPEC meeting as WTI Crude Oil futures trade near $59 Exxon Mobil (XOM) June weekly option implied volatility of is at 17,[...]

  • Market News | VIX | Blogging Options | May 29, 2015, 3:00 PM

    The Weekly Options News Roundup – 5/29/2015

    The Weekly Options News Roundup – 5/29/2015

    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. Applause, Applause At the GlobalCapital Americas Derivatives Award ceremony in New York City Thursday evening, CBOE was named ‘Derivatives Exchange of the Year – Americas.’ Global Capital cited CBOE’s  “commitment to client service through its extended trading hours initiative, its[...]

  • VIX | Blogging Options | Trader Talk | May 29, 2015, 12:51 PM

    CBOE Mid-Day Update 5.29.15

    CBOE Mid-Day Update 5.29.15

    Volatility as an asset class Altera (ALTR) is recently up $2.18 to $49.15 after The New York Post, CNBC's David Faber and the FT indicated the chip making giant Intel (INTC) has resumed talks about potentially acquiring the company. June weekly call option implied volatility is at 77, June is at 57, September is at 34; compared to 52-week range of 18 to 89. Splunk (SPLK) is recently down $4.69 to $66.36 on week Q1 earnings and outlook. June weekly call option implied volatility is at 35, June and[...]

  • Blogging Options | Trader Talk | May 29, 2015, 7:40 AM

    Blogging Options: CBOE Morning Update 5.29.15

    Blogging Options: CBOE Morning Update 5.29.15

    First Quarter GDP, first revision showed a  drop of 0.7%, slightly less than anticipated.  Futures shrugging it off, still slightly in the negative.  Volatility as an asset class: GameStop (GME) is up $2.23 to $43.25 in the premarket after the gaming retailer reported Q1 EPS of $0.68, $0.09 better than the analyst estimate of $0.59. Same store sales increase 8.6% driven by 10% growth in new software sales.  May weekly call option implied volatility is at 140, June is at 46, July[...]

  • VIX | Blogging Options | Trader Talk | May 28, 2015, 12:07 PM

    CBOE Mid-Day Update 5.28.15

    CBOE Mid-Day Update 5.28.15

    Volatility as an asset class Popeyes (PLKI) is recently down 56c to $57.48 after reporting better than expected Q1 EPS on less than expected revenue. June call option implied volatility is at 29, July is at 28, August is at 30; compared to its 52-week range of 23-47. Abercrombie & Fitch (ANF) is recently up to $2.25 to $21.90 after reporting less than expected Q1 revenue and outlook and says SSS trend has continued to improve in May. June call option implied volatility is at 38, July is at 34,[...]

  • Market News | Blogging Options | Trader Talk | May 27, 2015, 7:54 AM

    Blogging Options: CBOE Morning Update 5.27.15

    Blogging Options: CBOE Morning Update 5.27.15

    Continuing uncertainties about Greece debt payments due this weekend have overseas markets jittery.  US stock futures look to rebound after yesterdays 1%   correction.  US option volume of ~15m contracts pretty average yesterday, with SPX trading 900K contracts and VIX 360K.  10-year near 2.15%.  What? Corruption at FIFA?  I'm shocked I tell you, shocked!  BlackHawks with elimination game tonight or their season shockingly over.  Volatility as an asset[...]