Blogging Options: CBOE Morning Update

Stock Mover’s
 
Disney (DIS) is recently down 2% in pre-open trading following Q3 earnings rising 11%. Overall option implied volatility of 37 is above its 26-week average of 26.
 
Cree (CREE) is recently up 11.7% in pre-open trading on slightly better-than-expected Q4 results. Overall option implied volatility of 81 is above its six-month average of 48.
 

Volatility as an asset class
 
SPDR Gold Trust (GLD) is recently up 1.9% to 171.78 in pre-open trading as gold trades at $1,769. Overall option implied volatility of 27 is above its 26-week average of 18.
 

CBOE significant put volume increases
 
BAC 8/12/2011 6 12K contracts
BKE 12/17/2011 32.5 8K
ABX 1/21/2012 42 6K
MSFT 1/21/2012 25 6K
 

S&P Futures down15pre-market after 53 point rise yesterday,

VIX dropped from 48 to 35.06 yesterday.

Oil up slightly.

10-year 2.213%