Blogging Options: CBOE Mid-day Update

Stock Mover’s

Hhgregg (HGG) is recently up $2.24 to $14.37 after boosting its full year profit forecast. December and January put option implied volatility of 68 is above its 26-week average of 52 according to Track Data, suggesting larger price movement.
Career Education (CECO) is recently down $6.84 to $9.11 after being downgraded by at least four firms following its disappointing earnings report and the resignation of its CEO. November put option implied volatility is at 117, December is at 103; above its 26-week average of 56 according.

Garmin (GRMN) is recently up $1.46 to $35.65 following Q3 results that beat expectations and better than expected guidance. November call option implied volatility is at 29, December is at 26; compared to its 26-week average of 30.

CBOE Volatility Index-VIX down 90c to 33.37 following FOMC leaving interest rate policy unchanged.