Blogging Options: CBOE Morning Update

Stock Mover’s
 
Apple (AAPL) overall option implied volatility of 46 is above its 26-week average of 33 into the unveiling of the newest iPhone today Cupertino California.
 

Volatility as an asset class
 
Airlines stocks have recently traded lower on global economic growth and capital funding uncertainty. 
 
AMR Corp. (AMR) overall option implied volatility of 196 is above its 26-week average of 67.
 
US Airways (LCC) overall option implied volatility of 94 is above its 26-week average of 65.
 
 
CBOE Volatility Index-VIX closed at 45.45, 10-day moving average is 39.78, 50-day moving average is 34.59.
 
 

CBOE significant call volume increases
 
BAC 5/19/2012 8 5K contracts
C 6/16/2012 35 5K
MSFT 1/21/2012 30 4K
ERIC 1/21/2012 10 4K
DELL 10/22/2011 15 4K
SNDK 10/22/2011 41 3K 

I-Phone 5 release by AAPL starts at noon Chiago time, will be watched by investors & traders.