Apple Earnings Fall Short, as VXAPL Index Closes at 34.34

Tuesday, July 24  –  Apple, Inc. announced its quarterly earnings today.  Bloomberg news noted —

“Apple Inc. (AAPL)’s profit and sales fell short of analysts’ projections for only the second time since 2003 as customers held off on iPhone purchases while waiting for a new model to be introduced later in the year.  …   The iPhone is Apple’s biggest source of revenue. ‘Every quarter that Apple isn’t launching a new iPhone it’s a transition quarter,’ said Brian Marshall, an analyst at ISI Group. “That’s the key product that matters.”  Apple, the world’s largest company by market value, fell in extended trading. …” www.bloomberg.com

IMPLIED VOLATILITY OF AAPL OPTIONS

Investors who use AAPL options to manage risk and enhance income can check intraday updates of the CBOE Equity VIX on Apple (VXAPL) www.cboe.com/VXAPL to gain a better understanding of changes in AAPL implied volatility. Th eVXAPL closed at 34.34 today.

ONE-WEEK CHART OF VXAPL INDEX www.cboe.com/VXAPL VXAPL

SPREAD BETWEEN VXAPL AND VIX INDEXES

In the chart below, note that the spread between VXAPL and VIX indexes can vary substantially.  For example, on Nov. 3, 2011, the VIX was slightly higher than the VXAPL Index, while yesterday, the VXAPL closed at 34.82 and VIX closed at 18.62.  The average spread between the VXAPL Index and VIX Index has been about 10.3 points.   VXAPL and VIX

AAPL STOCK SINCE MID-1986

AAPL’s stock price reached daily high closing prices of 144.19 on March 22, 2000, and 636.23 on April 9, 2012.

 

 

 

 

 

 

VXAPL MICROSITE

For more information about the VXAPL Index, please visit www.cboe.com/VXAPL

The posts on this blog are opinions, not advice.
Please read our disclaimer for Indices.

Post a Comment

Thank you for submitting a comment. We ask you to use the comment guidelines to promote thoughtful and productive discussions. Your comment will be approved before it will be posted. Thank you for your patience.

Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  • CATEGORIES

  • Recent Comments

  • Tags

  • authors

  •  

  • Quick Links

  • Blogroll

  • Follow Us

    RSSTwitterFacebookLinkedInYouTube
  • Archives