Blogging Options: CBOE Mid-day Update

Urban Outfitters (URBN) is recently down after 2.8% to $25.07 after the company’s release of sales so far for Q3 that are down more than expected. Overall option implied volatility of 51 is above its 26-week average of 42.

Williams-Sonoma (WSM) is recently up 3.2% to $31.79 after Cowen upgraded its stock rating to Outperform from Neutral. Overall option implied volatility of 47 is above its 26-week average of 40.

Williams (WMB) is recently up 3.5% to $26.44 following the raising of its quarterly dividend by 25% while detailing plans for high future payments. Overall option implied volatility of 54 is above its 26-week average of 38.
 
 
CBOE Volatility Index (VIX) down 8.4% to 33.89 above its 100-day MA of 22.57