Blogging Options: CBOE Morning Update

Stock Mover’s
 
Lululemon (LULU) is recently down 3% to $55.06 in pre-open trading after reporting Q2 revenue $212.3M vs. consensus $206.36M. September put option implied volatility is at 97, October is at 79, December is at 74; above its 26-week average of 51.
 

Volatility as an asset class
 
SPDR Gold Trust (GLD) overall implied volatility of 31 is above its 26-week average is 22.
iShares Silver Trust (SLV) overall implied volatility of 44 is above its 26-week average is 40
Russell 2000 (IWM) overall implied volatility of 39 is above its 26-week average of 25.

Financial Select Sector (XLF) overall volatility of 40 is above its 26-week average of 25.
 
 
CBOE significant call volume increases
 
WFC 1/21/2012 26 14K contracts
GE 9/17/2011 16 11K
SLB 1/21/2012 85 7K
PFE 12/17/2011 20 6K
AAPL 9/9/2011 390 4K
CSCO 9/9/2011 16 3K
USB 1/21/2012 30 3K
GLD 1/21/2012 190 3K 

Germans and ECB, disagreements? Futures lower.