Blogging Options: CBOE Morning Update

Stock Mover’s

Yahoo! (YHOO) is recently up 5.3% in pre-open trading following the CEO being fired. Overall option implied volatility of 54 is above its 26-week average of 39.

Bank of America (BAC) is recently up 2.9% in pre-open trading following the creation co-COO’s positions, accountable for all of the company’s operating units. Overall option implied volatility of 81 is above its 26-week average of 44.

Nvidia (NVDA) is recently up 88c to $14.06 in pre-open trading following the company providing better than expected 2013 guidance. Overall option implied volatility of 63 is above its 26-week average of 55.
 

CBOE significant call volume increases
 
KGC 11/19/2011 15 6K
GLD 10/22/2011 183 6K
YHOO 1/21/2012 17.5 5K
WFC 1/21/2012 25 5K
HRBN 9/17/2011 20 4K
SLM 1/21/2012 12.5 4K
BAC 9/9/2011 7 3K
T 1/21/2012 30 3K 

 

German courts side with German decision to bail out EU – mostly. Stocks higher.

Beige Book this afternoon should give direction