Blogging Options: CBOE Morning Update

Stock Mover’s:
 
Target-TGT is recently up 6% to $51.39 in pre-open trading on June SSS rising 4.5%. Overall option implied volatility of 22 is near its 26-week average of 23.
 
 
Volatility as an asset class
 
 
Consumer centric shares appreciate to record highs on flat volatility

Tiffany-TIF overall option implied volatility of 29 is near its six-month average.
 
Amazon.com-AMZN overall option implied volatility of 33 is near its six-month average.
 
Starbucks-SBUX overall option implied volatility of 28 is near its six-month average.
 
Yum! Brands-YUM overall option implied volatility of 23 is near its six-month average.
 
 
CBOE significant call volume increases
 
WFC January 35 20K contracts
BAC July 11 12K
WMB July 32 8K
GLD July 150 6K
C August 40 6K
GLD July 145 5K
HGSI January 30 5K
AAPL July 355 5K

Stocks and oil prices like ADP Employment #. Reaction to ECB .25 rate rise calm.