Blogging Options: CBOE Afternoon Update

Stock Mover’s
 
SLM Corp. (SLM) is recently down $1.15 to $13.03 on President Obama’s plan to lower student loan debt. November put option implied volatility is at 65, December is at 61; above its 26-week average of 43.
 
Under Armour (UA) is recently up $5.55 to $81.70 on better than expected Q3 sales, earnings and guidance. November and January call option implied volatility of 45 is below its 26-week average of 53.
 
Netflix (NFLX) has recently sold off $40.45 to $78.19 on weak 2012 earnings guidance. November put option implied volatility is at 89, December is at 85; above its 26-week average of 56.

Weakening into close. VIX at 32.15, up 2.82 (9.6%)