Blogging Options: CBOE Morning Update

Stock Mover’s
AMD (AMD) is recently down 10.1% to $5.54 in pre-open trading after lowering Q3 revenue guidance. Overall option implied volatility of 67 is above its six-month average of 52.
Texas Industries (TXI) reported Q1 EPS (27c) on Q1 revenue of $181.7M. Overall option implied volatility of 64 is above its 26-week average of 39.

Nokia (NOK) is recently up 2.3% in per-open trading after announcing a restructuring/cost reduction program that involves the elimination of 3,500 jobs. Overall option implied volatility of 69 is above its 26-week average of 52.

Volatility as an asset class

CBOE volatility Index (VIX) closed at 41.08, 10-day moving average is 36.62, 50-day moving average is 31.88.

CBOE Volatility Index NASDAQ 100 (VXN) closed at 40.75, 10-day moving average is 35.52, 50-day moving average is 31.75.
CBOE significant call volume increases
CFX 12/17/2011 30 5K contracts
GG 1/19/2013 70 4K
BAC 10/22/2011 7 4K
TLT 11/19/2011 119 4K
GLD 10/22/2011 170 3K
HOLX 12/17/2011 20 3K
AAPL 9/30/2011 400 2K 

GDP a notch better. With Kindle news, watch AAPl / GOOG. 

Traders on way to CBOE this morning startled by bright light in the East. That’s the sun, first time in two weeks we’ve seen it.

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Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.