Blogging Options Archives - CBOE Blogs

  • VIX | Blogging Options | Trader Talk | Feb 6, 2015, 12:03 PM

    CBOE Mid-Day Update 2.6.15

    CBOE Mid-Day Update 2.6.15

    Volatility as an asset class Pandora (P) is recently down $3.29 to $15.12 on a Q4 revenue miss on weakness in several ad verticals and weaker than expected listener hours. February call option implied volatility is at 56, March is at 54, June is at 53; compared to its 26-week average of 62. Expedia (EXPE) is recently down $9.85 to $78.15 on the Q4 miss driven by FX headwinds, rate pressure, and increasing losses in China. February call option implied volatility is at 35, March is at 31, April is[...]

  • Blogging Options | Feb 6, 2015, 7:55 AM

    Blogging Options: CBOE Morning Update 2.6.15

    Blogging Options: CBOE Morning Update 2.6.15

    January Non-Farm Payrolls grew 257K. Unemployment Rate rose one tick to 5.7%.  November & December jobs revised higher, Participation Rate (at 36-year low) rose from 62.7% to 62.9%, still low but a move in the right direction.  Hourly Earnings up as well. US stock futures like these numbers.  European shares mostly lower.  Oil slightly higher, 10-year at 1.88%, up 6 basis points. Volatility as an asset class: Twitter (TWTR) is up $4.59 to $45.85 in the premarket after the[...]

  • VIX | Blogging Options | Trader Talk | Feb 5, 2015, 12:18 PM

    CBOE Mid-Day Update 2.5.15

    CBOE Mid-Day Update 2.5.15

    Volatility as an asset class Green Mountain Coffee (GMCR) is recently down $5.30 to $115.90 after reporting a Q1 EPS beat but a sales miss and reduced FY15 sales guidance mostly due to currency drag. February call option implied volatility is at 40, March and April is at 34; compared to its 26-week average of 42. Sprint (S) is recently up 30c to $4.87 after reporting Q3 platform net additions of 967K. February call option implied volatility is at 58, March is at 54, April is at 51, June is at 50;[...]

  • Market News | Blogging Options | Feb 5, 2015, 7:59 AM

    Blogging Options: CBOE Morning Update 2.5.15

    Blogging Options: CBOE Morning Update 2.5.15

    Oil gains ~$1 in early session.  December Trade Deficit jumped 17%, partially due to strong dollar. Traders talking about Q4 GDP being revised lower from 2.6% gain to 2.2% growth.  European shares lower as talking heads can't decide what is going on in Greece.  NIKKEI off 1%, 10-year at 1.8%.  NFP Employment # tomorrow. Volatility as an asset class:Hospira (HSP) is up $22.95 to $87.75 in the premarket on Pfizer (PFE) acquiring for $17B, $90 per share in cash. HSP overall option[...]

  • VIX | Blogging Options | Trader Talk | Feb 4, 2015, 11:56 AM

    CBOE Mid-Day Update 2.4.15

    CBOE Mid-Day Update 2.4.15

    Volatility as an asset class General Motors (GM) is recently up $1.63 to $35.55 on better than expected Q4 results and guidance. February weekly call option implied volatility is at 33, February is at 26, March is at 24, June is at 23; compared to its 26-week average of 25. Polo Ralph (RL) is recently down $27.40 to $143.43 in the premarket on less than expected Q3 revenue of $2.03B. February call option implied volatility is at 28, March is at 24, April is at 22; compared to its 26-week average[...]

  • Blogging Options | Feb 4, 2015, 8:20 AM

    Blogging Options: CBOE Morning Update 2.4.15

    Blogging Options: CBOE Morning Update 2.4.15

    Stocks mixed as ADP comes in with 213K January jobs, below the 225K - 228K expected.  Oil and European shares lower, Asian stocks modestly higher. Volatility as an asset class Walt Disney (DIS) is up $3.81 to $97.91 in the premarket after reporting better than expected Q1 results and outlook. February weekly call option implied volatility is at 43, February is at 23, March and July is at 20; compared to its 26-week average of 21. Gilead (GILD) is down $8.59 to $99.19 after reporting Q4 sales[...]

  • VIX | Blogging Options | Trader Talk | Feb 3, 2015, 12:30 PM

    CBOE Mid-Day Update 2.3.15

    CBOE Mid-Day Update 2.3.15

    Volatility as an asset class Global X FTSE Greece 20 ETF (GREK) is recently up $1.72 to $13.45 after Greece's new government proposed ending the confrontation with its creditors. February call option implied volatility is at 63, March is at 59, April is at 56; compared to its 26-week average of 47. Cliffs Natural (CLF) is recently down after reporting Q4 results.  February weekly call option implied volatility is at 135, February is at 105, March is at 104, June is at 102; compared to its 26-week[...]

  • Market News | Blogging Options | Trader Talk | Feb 3, 2015, 8:07 AM

    Blogging Options: CBOE Morning Update 2.3.15

    Blogging Options: CBOE Morning Update 2.3.15

    Oil rallying (above $50, +2.5%) looks to lead stocks higher for a second straight day.  European shares higher but confusion with Greek statements pares gains. Staples & office Depot said to be in talks.  Aussies cut rates, NIKKEI off +1% on soft Japanese bond sale.  If you haven't seen it, find the video on youtube with the mayor of Sun Prairie Wis. getting a little too close to a groundhog yesterday. Volatility as an asset class Energy Select Sector SPDR (XLE) is up $0.74 to[...]

  • VIX | Blogging Options | Trader Talk | Feb 2, 2015, 11:49 AM

    CBOE Mid-Day Update 2.2.15

    CBOE Mid-Day Update 2.2.15

    Volatility as an asset class Shares of most airline stocks are down today as oil prices are rising slightly after jumping on Friday. United Continental (UAL) February weekly call option implied volatility is at 37, February is at 34, March is at 32, April is at 35; compared to its 26-week average of 32. Delta Air Lines (DAL) is recently down $1.07 to $46.27. February weekly call option implied volatility is at 57, February is at 49, March is at 47, June is at 42; compared to its 26-week average of[...]

  • Market News | Blogging Options | Trader Talk | Feb 2, 2015, 7:57 AM

    Blogging Options: CBOE Morning Update 2.2.15

    Blogging Options: CBOE Morning Update 2.2.15

    Happy Groundhog Day.  Futures higher.  Shadows seen in Chicago this morning so bears looking to hibernate for next 24-hours. December Income +0.3% (+0.2% - +0.3% consensus), Spending dropped 0.3%, worst in over four years. ISM & Construction Spending later this morning, lots of Q1 earnings this week. Overseas markets mixed, 10-year 1.70%. 19" of snow with blizzard conditions don't slow down traders in Chicago.  Great game last night, Superbowl theory says down for year? [...]

  • VIX | Blogging Options | Trader Talk | Jan 30, 2015, 1:27 PM

    CBOE Mid-Day Update 1.30.15

    CBOE Mid-Day Update 1.30.15

    Volatility as an asset class Biogen (BIIB) is recently up $34.93 to $388.54 on Q4 profit nearly doubling. February weekly call option implied volatility is at 37, February is at 34, March is at 32, April is at 35; compared to its 26-week average of 32. MasterCard (MA) is recently up 54c to $81.86 on Q4 profit increasing 29%. February weekly call option implied volatility is at 35, February is at 28, March is at 25; compared to its 26-week average of 24. Tyson (TSN) is recently down 53c to $39.68[...]

  • Blogging Options | Jan 30, 2015, 8:15 AM

    Blogging Options: CBOE Morning Update 1.30.15

    Blogging Options: CBOE Morning Update 1.30.15

    Ouch!  Q4 GDP came in with a gain of 2.6, down from 5% gain in Q3.  Consensus was a gain of ~3.5% but remember GDP will have two revisions.   The Consumer Spending component shower a nice spurt, but overall a terrible number.  Stocks off sharply pre-open.  AAPL, AMZN & GOOG should help NASDAQ markeT, Visa a DJIA component.   Volatility as an asset class: Google (GOOG) is up $8.84 to $520.50 in the premarket as Q4 revenue grew 15%.  January weekly call[...]

  • VIX | Blogging Options | Trader Talk | Jan 29, 2015, 1:20 PM

    CBOE Mid-Day Update 1.29.14

    CBOE Mid-Day Update 1.29.14

    Volatility as an asset class Yahoo (YHOO) is recently down $3.25 to $43.20 following Alibaba's (BABA) weak earnings report. January weekly call option implied volatility is at 59, February weekly is at 45, February is at 38, March is at 38; compared to its 26-week average of 38. McDonald's (MCD) is recently up $3.74 to $92.49 after announcing a CEO change. February weekly call option implied volatility is at 20, February is at 18, March is at 17, June at 16; compared to its 26-week average of 18. Ford[...]

  • Market News | VIX | Blogging Options | Trader Talk | Jan 29, 2015, 7:35 AM

    Blogging Options: CBOE Morning Update 1.29.15

    Blogging Options: CBOE Morning Update 1.29.15

    US Stock Futures rallying after a few tough previous sessions.  Weekly Claims dropped sharply to 265K.  Overseas equities lower with FTSE sliding 0.8%.   MCD announces new CEO.  QCOM beats but guides lower.  Jeff Gundlach and Bill Gross with bearish comments.  17.6 mm option contracts yesterday. Volatility as an asset class: Alibaba (BABA) is down $5.45 to $93 in the premarket following Q3 results. January weekly call option implied volatility is at 117, February[...]

  • Market News | VIX | Blogging Options | Trader Talk | Jan 28, 2015, 1:46 PM

    CBOE Mid-Day Update 1.28.15

    CBOE Mid-Day Update 1.28.15

    Stocks soften on Hawkish FED & Yellen remarks. Crude trades at 6-year low, with WTI under $44.50.  10-year drops 9 basis points to 1.73.  Options volume pretty average. Boeing (BA) is up $7.95 to $140.55 on better than expected Q4 results and light guidance. February, March and April call option implied volatility is at 17; compared to its 26-week average of 19. US Steel (X) is up $2.73 to $24 on better than expected Q4 results and outlook.  February call option implied volatility[...]