Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Chipotle Mexican Grill (CMG) is recently up $20.34 to $328.29 on Q3 earnings rising 25%. November put option implied volatility is at 38, December is at 41; near its 26-week average of 42.
 
SanDisk (SNDK) is recently up $3.52 to $49.02 following Q3 earnings falling 28%, however beating analyst expectations. November and January call option implied volatility of 43 is near its 26-week average of 43.

Seagate Technology (STX) is recently up $2.57 to $14.63 following the company saying its operations were not damaged by severe flooding in Thailand. November and December call option implied volatility of 55 is above its 26-week average of 43.

CBOE Volatility Index (VIX) is recently down 1.87 to 32.91. December 25 puts are active on 32K contracts.