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  • Market News | VIX | Blogging Options | Trader Talk | May 7, 2015, 8:07 AM

    Blogging Options: CBOE Morning Update 5.7.15

    Blogging Options: CBOE Morning Update 5.7.15

    Stock valuations are "generally quite high".  In a redux of "irrational exuberance", Chairperson Yellon stopped yesterday's market bounce, giving investors and traders an excuse for profit taking.  Earnings take charge again this morning, including BABA up $8, PCLN off $40 as both beat street estimates.  Asian shares lower, Europe mixed to lower. 18K VIX Futures in early session after 215K trade yesterday.  UK election today, early results before US close.[...]

  • VIX | Blogging Options | Trader Talk | May 6, 2015, 12:18 PM

    CBOE Mid-Day Update 5.6.15

    CBOE Mid-Day Update 5.6.15

    Volatility as an asset class Fossil (FOSL) is recently down $8.40 to $78.10 on less than expected guidance. May call option implied volatility is at 33, June is at 23; compared to its 52-week average of 51. Weight Watchers (WTW) is off $0.87 to $7.32 after reporting a less than expected Q1 revenue of $322.1M, compared to consensus $324.36M.  May call option implied volatility is at 107, June is at 92, July is at 81, October is at 96; compared to its 26-week average of 43. Proshares UltraShort[...]

  • Blogging Options | May 6, 2015, 7:57 AM

    Blogging Options: CBOE Morning Update 5.6.15

    Blogging Options: CBOE Morning Update 5.6.15

    April ADP Private Sector Employment showed a weaker than expected 169 K new Jobs (+200 K expected), with February and March revised lower.  Not a good sign for the NFP report Friday.  India & Shanghai off overnight, US stock futures holding on to pre-market gains.  Thick fog in Chicago this morning, traders resilient, most here already.  16 K VIX Futures trade in extended session. Volatility as an asset class: Synageva (GEVA) is up $122 to $218 in the preopen on Alexion's[...]

  • VIX | Blogging Options | Trader Talk | May 5, 2015, 11:51 AM

    CBOE Mid-Day Update 5.5.15

    CBOE Mid-Day Update 5.5.15

    Volatility as an asset class Disney (DIS) is recently up $1.16 to $112.19 after reporting better than expected Q2 adjusted EPS $1.23, compared to consensus $1.11. May call option implied volatility is at 19, June is at 18, January is at 20; compared to its 52-week average of 23. Estee Lauder (EL) is recently up $4.95 to $88.30 on Q3 adjusted EPS 72c, compared to consensus 51c. May call option implied volatility is at 19, June 18, July is at 19; compared to its 26-week average of 21. Proshares UltraShort[...]

  • Market News | VIX | Blogging Options | Trader Talk | May 5, 2015, 7:58 AM

    Blogging Options: CBOE Morning Update 5.5.15

    Blogging Options: CBOE Morning Update 5.5.15

    Disney beat on the top & bottom line, pushing stock futures to a slight gain.   But the March Trade deficit with the worst number in 6 1/2 years, dragged futures lower.  Economists that blamed the West Coast port strike on the preliminary Q1 GDP number, now have the surge in goods being processed to blame for the deficit.  Revised GDP will be an interesting number to watch.  Earnings other than DIS a mixed bag this morning.  Shanghai off 4% overnight, Australia is[...]

  • VIX | Blogging Options | Trader Talk | May 4, 2015, 12:38 PM

    CBOE Mid-Day Update 5.4.15

    CBOE Mid-Day Update 5.4.15

    Volatility as an asset class Cablevision (CVC) is recently up 5c to $20.33 after reporting Q1 EPS 20c, compared to consensus 17c.  May call option implied volatility is at 40, June is at 29, September is at 32; compared to its 26-week average of 27. MGM Resorts (MGM) is recently down 40c to $21 after reporting better than expected Q1 EPS 33c, compared to consensus 14c. May call option implied volatility is at 39, June is at 36, September is at 34; compared to its 26-week average of 36. CBOE[...]

  • Blogging Options | May 4, 2015, 7:53 AM

    Blogging Options: CBOE Morning Update 5.4.15

    Blogging Options: CBOE Morning Update 5.4.15

    Stocks bounced back nicely Friday on average volume. A pretty good option trading as well with 17mm contracts trading.  SPX with over 1mm contracts changing hands, RUT totaled over 70 K.  England and Japan with holiday trading (May Day & Golden Week).  April Employment Friday, UK election Thursday. CVC tacks on $0.10 after good earnings, Oil & Gold higher, 10-year near 2.10%. Volatility as an asset class: Comcast (CMCSA) is up $1.06 to $59.47 in the preopen on better than expected[...]

  • Market News | VIX | Trader Talk | May 1, 2015, 3:06 PM

    The Weekly Options News Roundup – 5/1/2015

    The Weekly Options News Roundup – 5/1/2015

    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. Weeklys – The Short-Term Play Weeklys options, which allow investors to fine-tune the timing of their hedging and trading activities, continue to grow in popularity.  Earlier today, CBOE Holdings announced it will launch VIX Weeklys futures and options in the coming months, pending regulatory review and approval. “Big[...]

  • VIX | Blogging Options | Trader Talk | May 1, 2015, 12:21 PM

    CBOE Mid-Day Update 5.1.15

    CBOE Mid-Day Update 5.1.15

    Volatility as an asset class FireEye (FEYE) is recently up $3.03 to $44.34 after the information security firm reported a lower than expected Q1 operating loss and provided better than expected guidance. May call option implied volatility is at 41, June is at 40; compared to its 26-week average of 59. First Solar (FSLR) is recently down $2.59 to $57.12 after reporting weaker than expected Q1 results but provided higher than expected Q2 EPS guidance. May call option implied volatility is at 34, June[...]

  • Blogging Options | Trader Talk | May 1, 2015, 8:13 AM

    Blogging Options: CBOE Morning Update 5.1.15

    Blogging Options: CBOE Morning Update 5.1.15

    US Futures higher before the opening, gaining back some of yesterday's GDP inspired profit-taking.  May Day in most of Europe and parts of the rest of the world should slow volume today.  ISM & U of Michigan are the reports to watch this morning, with March Construction Spending with an AM release as well. S aturday a sports-lovers dream day, with soccer, NFL Draft, Kentucky Derby and Pacquiao fight, as well as some baseball, NBA & NHL playoffs.  Thousands of football fans[...]

  • VIX | Blogging Options | Trader Talk | Apr 30, 2015, 11:49 AM

    CBOE Mid-Day Update 4.30.15

    CBOE Mid-Day Update 4.30.15

    Volatility as an asset class TASER (TASR) is recently up $2.60 to $30.71 on better than expected Q1 results, primarily driven by increased TASER X26P and TASER X2 Smart Weapon sales. May call option implied volatility is at 45, June is at 41, September is at 43; compared to its 26-week average of 53. WWE (WWE) is recently down 55c to $13.81 after the entertainment company reported Q1 EPS 13c, compared to consensus 2c.  May call option implied volatility is at 41, June is at 40, July is at 37;[...]

  • Blogging Options | Apr 30, 2015, 7:51 AM

    Blogging Options: CBOE Morning Update 4.30.15

    Blogging Options: CBOE Morning Update 4.30.15

    Futures soft.  XOM beats on top & bottom line.  Bidu misses.  Some European traders edgy with Russia dropping rates 1.5%, German bonds falling and Greece needing to find pension money in next 36 hours.  March Personal Income flat (+ 0.2% Feb), Spending up 0.4%.  AAPL watch with possible problems trading lower by $0.50.  Volatility as an asset class: Salesforce.com (CRM) is active but off fractionally near $74.45 in the preopen on reports of a possible takeover. May[...]

  • 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[...]

  • Market News | VIX | Blogging Options | Trader Talk | Apr 29, 2015, 7:50 AM

    Blogging Options: CBOE Morning Update 4.29.15

    Blogging Options: CBOE Morning Update 4.29.15

    Q1 GDP showed a fractional gain of 0.2%, off from Q4 2014 2.2% gain and consensus estimate of 1.1% growth.  Weather, Dollar, dock strike - bulls coming forward with multiple excuses.  This on day FED will speak after noon.  Asian shares lower, Europe off as well (DAX down 1.3%). Oil off, Gold higher.  TWTR  with premature release of earnings off 2%.  LL says Justice Dept looking into its wood products, lower by 16%,  Sloppy opening. Volatility as an asset class: GoPro[...]

  • VIX | Blogging Options | Trader Talk | Apr 28, 2015, 11:41 AM

    CBOE Mid-Day Update 4.28.15

    CBOE Mid-Day Update 4.28.15

    Volatility as an asset class Merck (MRK) is recently up $2.90 to $60 on better than expected Q1 results and outlook. May call option implied volatility is at 18, June, July and October is at 17; compared to its 26-week average of 19. Bristol-Myers (BMY) is recently down to $64.35 on better than expected Q1 results and outlook. May call option implied volatility is at 23, June is 23, September is at 21; compared to its 26-week average of 22. UPS (UPS) is recently up $3.44 to $100.86 on better than[...]