Blogging Options: CBOE Mid-day Update

Volatility as an asset class:
Cirrus Logic (CRUS) is recently down $2.75 to $14.26 following Q2 earnings falling 64%. November and January put option implied volatility of 64 is near its 26-week average of 61.
Buffalo Wild Wings (BWLD) is recently up $4.21 to $62.26 following Q3 earnings rising 32%. November put volatility elevated is at 39, December 41, March is at 48; above its 26-week average of 43.
American Express (AXP) is recently down 81c to $45.34 following Q3 profit rising 13%. November and January option implied volatility of 41 is above its 26-week average of 32.
Western Digital (WDC) is recently up 91c to $25.36 following Q1 profits rising 21%. November put option implied volatility is at 59, January is at 56; above its 26-week average of 47.