Blogging Options: CBOE Morning Update

Stock Mover’s
 
Microsoft (MSFT) is recently down 4c to $26.94 in pre-open trading following its board declaring a quarterly dividend of 20c per share, reflecting a 4c or 25% increase over the previous quarter’s dividend. Overall option implied volatility of 29 is above its 26-week average of 25.

Adobe (ADBE) is recently up $1.46 to $26.10 in pre-open trading following the company seeing Q4 EPS 57c-64c vs. consensus 59c. Overall option implied volatility of 46 is above its 26-week average of 36.
 

Volatility as an asset class
 
General Mills (GIS) reported Q1 adjusted EPS 64c vs. consensus 62c on Q1 revenue of $3.85B vs. consensus $3.81B. Overall option implied volatility of 22 is above its 26-week average of 19.
 
 
 
CBOE significant call volume increases
 
AAPL 9/23/2011 420 5K contracts
INTC 10/22/2011 24 5K
AMR 10/22/2011 3 5K
CMCSK 11/19/2011 25 5K
BAC 9/23/2011 7 4K
V 9/23/2011 95 3K 

 

Mixed opening.