Blogging Options: CBOE Morning Update

Stock Mover’s

Sodastream (SODA) is recently down 10% in pre-open trading following less than expected Q2 results and guidance. Overall option implied volatility of 114 is above its 17-week average of 66.
 

Volatility as an asset class

SPDR S&P 500 ETF (SPY) overall option implied volatility of 34 is above its 26-week average of 20.
 
The PowerShares QQQ Trust (QQQ) overall option implied volatility of 35 is above its 26-week average of 20.
iShares Russell 2000 (IWM) overall implied volatility at 44 is above its 26-week average of 23.
 
 
CBOE significant call volume increases
 
MT 9/17/2011 35 52K contracts
FAZ1 1/21/2012 39 20K
CREE 9/17/2011 47.5 20K
MT 9/17/2011 25 9K
CSCO 8/12/2011 15 8K
AUY 1/19/2013 17.5 7K
GLD 8/20/2011 175 6K

Weekly Claims down 7k to 395k

European Regulators are reported to be considering whether to ban the shorting of stocks or the shorting of financial stocks. How did that work for us? European stocks on lows of the day, dragging down US futures.