Blogging Options: CBOE Morning Update

Stock Mover’s
 
Google (GOOG) is recently up $40.76 to $599.76 in pre-open trading. October call option implied volatility of 63 is above its 26-week average of 32 into better than expected Q3 results and commentary.

Mattel (MAT) is recently down 18c to $27.60. Overall option implied volatility of 35 is above its 26-week average of 31 into Q3 revenue of $2.0B and solid holiday revenue guidance.
 

Volatility as an asset class

CBOE Volatility Index (VIX) closed at 30.70, 10-day moving average is 36.73, 50-day moving average is 36.50.

NASDAQ 100 (QQQ) overall implied volatility of 28 is above its 26-week average of 25.
 
Russell 2000 (IWM) overall implied volatility of 35 is above its 26-week average of 26.
 

CBOE significant call volume increases
 
YUM 1/21/2012 55 27K contracts
GLD 11/19/2011 190 20K
VLO 1/21/2012 24 15K
GLD 11/19/2011 205 10K
SVU 10/22/2011 8 7K
CSCO 11/19/2011 20 7K
CADX 5/19/2012 7.5 6K
LDK 10/22/2011 9 5K
INTC 10/22/2011 24 5K 

Stocks climb at opening.