Blogging Options: CBOE Morning Update

Stock Mover’s
 
eBay (EBAY) is recently down $1.69 to $31.50 in pre-open trading following Q3 earnings rising 13%. Overall option implied volatility of 50 is above its 26-week average of 39.
 
Wynn Resorts (WYNN) is recently down $6.02 to $124.17 in pre-open trading following a weaker than expected Q3 results. Overall option implied volatility of 64 is above its 26-week average of 43.
 
Riverbed (RVBD) is recently up $2.46 to $24.95 in pre-open trading following Q3 earnings rising 39%. Overall option implied volatility of 103 is above its 26-week average of 55.
 

Volatility as an asset class
 
Russell 2000 (IWM) overall implied volatility at 40; above 26-week average of 26.

Financial Select Sector (XLF) overall volatility at 42, above 26-week average of 28.
 

CBOE significant put volume increases
 
PFE 1/19/2013 15 11K contracts
MS 11/19/2011 15 10K
AAPL 10/22/2011 400 9K
ALU 12/17/2011 3.5 9K
C 1/21/2012 26 8K
OVTI 11/19/2011 15 5K

Earnings mostly meet expectations this morning. Focus shifts back to Europe, unconfirmed Gaddafi story no effect on market.