Blogging Options: CBOE Morning Update

Stock Mover’s
 
Medco Health Solutions (MHS) shares have rallied 20% in pre-open trading and Express Scripts (ESRX) are up 4% following an agreement to merge, Medco shareholders will receive $28.80 in cash and 0.81 shares for each Medco share. Medco overall option implied volatility of 28 is near its 26-week average.
 
Express Scripts (ESRX) overall option implied volatility of 26 is near its 26-week average.
 
Intel (INTC) is down 1.8% in pre-open trading following Q2 EPS Of 59c compared to consensus of 51c. Overall option implied volatility of 29 is near its 26-week average.
 
Nokia (NOK) is up 5% in pre-open trading on a Q2 loss and a 7% decrease in sales. NOK overall option implied volatility of 52 is above its 26-week average of 42.

CBOE significant put volume increases
 
F August13 20K contracts
INTC July 23 6K
NOK August 5 5K 
AAPL July 375 5K
BBD August 17 5K
C December 37 5K
HPQ August 35 4K
WFC January 2013 25 4K
CLX August 70 4K

No Comments
CBOE

cboe.com

Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.