Blogging Options Archives - Cboe Blogs

  • 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 | 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.[...]

  • VIX | Blogging Options | Trader Talk | Mar 9, 2015, 12:03 PM

    CBOE Mid-Day Update 3.9.15

    CBOE Mid-Day Update 3.9.15

    Volatility as an asset class General Motors (GM) is recently up 94c to $37.47 after the company settled a potential proxy battle with an investment group led by Harry Wilson by agreeing to return more cash to shareholders. March weekly call option implied volatility is at 27, March is at 26, April is at 25; compared to its 26-week average of 25. McDonald’s (MCD) is recently up 62c to $97.76 after posting a worse than expected drop in February sales. Same-store sales decreased 1.7% worldwide,[...]

  • VIX | Blogging Options | Trader Talk | Education | Mar 9, 2015, 8:00 AM

    Blogging Options: CBOE Morning Update 3.9.15

    Blogging Options: CBOE Morning Update 3.9.15

    Macerich up $5 on takeover bid.  GM announces a $5 Billion buyback. MCD February Sales disappoint.  Overseas stocks mixed to lower.  Volatility as an asset class: RTI International (RTI) is up $12.72 to $40 in the premarket, the supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets will be purchased by Alcoa (AA) in a stock-for-stock transaction with an enterprise value of $1.5B.  Overall option[...]

  • VIX | Blogging Options | Trader Talk | Mar 6, 2015, 1:05 PM

    CBOE Mid-Day Update 3.6.15

    CBOE Mid-Day Update 3.6.15

    Volatility as an asset class Apple (AAPL) is recently up $1.30 to $127.72 on the company replacing AT&T (T) in the Dow Jones Industrial Average on March 18.  March weekly call option implied volatility is at 29, March is at 28, April is at 27; compared to its 26-week average of 26. VIX methodology for Apple (VXAPL) up 2.6% to 29.53, compared to 50-day MA of 31.60. Apple (AAPL) replacing AT &T (T) in Dow Jones Industrial Average (DJX). Proshares UltraShort Barc 20 Year Treasury ETF (TBT)[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 6, 2015, 8:15 AM

    Blogging Options: CBOE Morning Update 3.6.15

    Blogging Options: CBOE Morning Update 3.6.15

    February Non-Farm Payrolls gain a surprising 295K jobs.  Participation Rate 62.8%.  Unemployment rate falls to 5.5%.  10-year rate rises to 2.2%.  Will the monthly jobs report allow the FED to raise rates sooner rather than later?  US stock futures turn negative.  Apple (up $1.00) replaces T in the DJIA in two weeks.  Last day of CBOE's RMC.  Volatility as an asset class Staples (SPLS) is off $0.21 to $16.29 in the preopen on inline Q4 results and guidance.[...]

  • Market News | VIX | Blogging Options | Trader Talk | Mar 5, 2015, 11:14 AM

    2015 Risk Management Conference: CBOE President and COO Edward Provost on New Initiatives

    2015 Risk Management Conference: CBOE President and COO Edward Provost on New Initiatives

    Thursday, March 5, 2015       CBOE President and COO Edward Provost kicked off Day Two of RMC with an update on recent CBOE developments, highlighting the exchange’s efforts to broaden access to its marketplace and to   expand and diversify its product offerings. Provost began with an update on CBOE’s extended trading hours initiative.  Last June, CFE implemented near 24-hour trading in VIX futures.  Approximately 9 percent of all VIX futures trading[...]