Blogging Options: CBOE Morning Update

Volatility as an asset class

VMware (VMW) overall option implied volatility of 43 is above its 26-week average of 38 into the expected release of Q2 results on July 19.
 

Stock Mover’s
 
Citigroup (C) is recently up 3.8% in pre-open trading after reporting Q2 EPS $1.09 vs. consensus 97c. Overall option implied volatility of 37 is above its 26-week average of 32.
 
Google (GOOG) is recently up $70 to $599 after reporting better than expected EPS and growth outlook. Overall option implied volatility of 32 is above its 26-week average of 27.
 

CBOE significant call volume increases
 
GLD September 165 16K contracts
AAPL July 360 12K
JPM July 40 11K
XRX August 10 10K
AAPL July 365 9K
MGM January 2013 15 8K
VMED September 30 6K
GLD September 170 5K

 

Clorox received a bid of $76.50 from Carl Icahn

CPI off .2%

X-Food & Energy +.3%