Blogging Options: CBOE Morning Update

Stock Mover’s
 
Baidu (BIDU) is recently up 6% in pre-open following strong Q2 results, revenue growth, increased advertising, and operating leverage. Overall option implied volatility of 51 is above its 26-week average of 43.
 
Broadcom (BRCM) is recently up 7% in pre-open following the release of solid Q2 results and guidance. Overall option implied volatility of 40 is above its 26-week average of 34.
 
Netflix (NFLX) is recently down 9% in pre-open trading on weaker than expected guidance. Overall option implied volatility of 40 is near its six-month average of 49.
 

CBOE significant call volume increases
 
BAC January 12.5 48K contracts
F August 14 6K
ERTS August 25 5K
PBR September 35 5K
AAPL July 400 4K
HK September 39 3K 

futures slightly higher pre-opening