Blogging Options: CBOE Mid-day/End-of-Day Wrapup

Stock Mover’s
 
Ancestry.com (ACOM) is recently down 4% in pre-open following Q2 subscribers of 1.67M with gross subscriber additions of 322,000. August call option implied volatility is at 79, September is at 64; above its 26-week average of 55.
 

Volatility as an asset class
 
Starbucks (SBUX) expects to add approximately 600 net new stores globally with roughly 100 in the US and approximately 500 in international markets. Overall option implied volatility of 34 is above its 26-week average of 29.

Chesapeake (CHK) is recently up 88c to $34.31 in pre-open trading following the raising of its 2011, 2012 production and capital expenditure outlook. Overall option implied volatility of 38 is above its 26-week average of 35.
 

CBOE significant put volume increases
 
CLWR September 2 6K contracts
MELA January 2.5 5K
CIT August 38 4K
CSCO January 2013 15 4K
CCI August 39 4K
ECA January 25 3K
JASO August 5 3K

Closing prices and volume

SPX 1292.28 -8.39 Volume ~900k

VIX 25.25 +1.51 Volume ~ 545k

CBOE & C2 Volume ~5.5 million contracts