Blogging Options: CBOE Morning Update

Stock Mover’s
 
Honda (HMC) is recently down $2.04 to $30.50 in pre-open trading following Q2 EPS 44c on revenue of $24.60B. Overall option implied volatility of 28 is near its 26-week average of 30.
 
Humana (HUM) is recently up $1.41 to $81.75 in pre-open trading following Q3 EPS ex-gain $2.54 on revenue of $9.3B. Overall option implied volatility of 33 is near its 26-week average of 31.
 

Volatility as an asset class
 
Apple (AAPL) overall option implied volatility of 33 is near its 26-week average.
 
VIX methodology for Apple (VXAPL) closed at 28.59; below its 50-day moving average of 39.72
 

CBOE significant call volume increases;
 
WAG 12/17/2011 35.0000 13K contracts
GLD 11/19/2011 170 11K
BAC 12/17/2011 6 11K
MOS 12/17/2011 55 10K
MF 11/19/2011 2 9K
AA 4/21/2012 12 7K
GLD 12/17/2011 170 7K
LNC 11/19/2011 23 6K

MF Global suspension, Italy (back to European news) all the talk on trading desks this morning.