Blogging Options: Morning Update

Stock Mover’s:
 
Dollar General (DG) is recently down in pre-open trading following the release of Q1 adjusted EPS 48c vs. consensus 50c. June and July call option implied volatility of 36 is above its six-month average of 29.
 
JoS. A. Bank (JOSB) is recently down 11% in pre-open trading following the release of Q1 EPS of 64c compared to consensus estimates of 65c.
 
Apple (AAPL) World Wide Developers Conference 2011 begins on June 6th. Steve Jobs and a team of executives are scheduled to give a keynote address on Monday, June 6th at 10:00 a.m. Overall option implied volatility of 27 is below its 26-week average of 32.
 

Volatility as an asset class:
 
Intentional vehicle manufacturer volatility’s are flat to low
 
Toyota overall option implied volatility of 22 is near its 26-week average.
Honda (HMC) overall option implied volatility of 26 is near its 26-week average of 27.
Tata Motors (TTM) overall option implied volatility of 36 is below its 26-week average of 41.
 
iShares Silver Trust (SLV) overall implied volatility of 40 is near its 26-week average of 38; above SPDR Gold Trust-GLD overall implied volatility of 18.
 

CBOE significant call volume increases:
F June 15 18K contracts
C January 2013 60 10K
PEP June 70 6K
BAC June 12 5K
PBR October 35 5K
AAPL June weekly 345 5K
DTV Sept 52.5 5K