Blogging Options: CBOE Mid-day Update

Men’s Wearhouse (MWW) is recently down 8.3% to $27.07 following less than expected Q2 results. September option implied volatility is at 59, October is at 55; above its 26-week average of 43.

Pall Corp (PLL) is recently down 8.9% to $44.46 following a pre-release of a Q4 shortfall. September put option implied volatility is at 64, October is at 56, December is at 54; above its 26-week average of 34.

Silvercorp Metals (SLV) is recently up 2% to $41.33. September and December put option implied volatility of 42 is above its 26-week average of 65. October 42 and 45 puts are active on total option volume of 107K contracts on the CBOE.

OpenTable (OPEN) September put option implied volatility is at 74, January is at 70; above its 26-week average of 57 as shares have sold off 9.5% following Google’s (GOOG) acquisition of Zagat.