Blogging Options: CBOE Mid-day Update

Stock Mover’s

United Therapeutics (UTHR) is recently down 17% following the failure of its FREEDOM-C2 trial. September and October put option implied volatility of 45 is below its 26-week average of 52; suggesting less price movement. Spreaders are active in September 40 and 45 puts.

American Eagle (AEO) is recently down 11% to $10.26 following on lower back to school guidance. September and November put option implied volatility of 57 is above its 26-week average of 47. Traders active in September 12 calls and September 9 puts.

Newmont Mining (NEM) is recently down 3.4% to $59.19 as gold sells off 5% to $1,769. Overall option implied volatility of 36 is above its 26-week average of 31.

VIX methodology for Market Vectors Gold Miners Fund (VXGDX) is recently up 2.6% to 43.83; above 50-day moving average of 36.01.