Blogging Options: CBOE Mid-day Update

Stock Mover’s
 
VF Corp. (VFC) is recently up $4.05 to $136.80 on the company seeing FY11 revenue up 22%-23% vs. consensus $9.33B. November and December call option implied volatility of 32 is near its 26-week average.
 
Xilinx (XLNX) is recently up $1.32 to $31.53 following Pacific Crest upgrading its rating to Outperform from Sector Perform. Overall option implied volatility of 31 is near its 26-week average of 32.
 

Volatility as an asset class
 
First Solar (FSLR) is recently up $5.64 to $59.62 after trading near at three and half year lows. November call option implied volatility is at 77, December is at 68; above its 26-week average of 49.
 
CBOE Volatility Index-VIX is recently down 1.83 to 29.49, below its six-month average of 35.66.