Blogging Options: CBOE Mid-day Update

Stock Mover’s
 
Abercrombie and Fitch (ANF) is recently down $15.88 to $58.12 on the company seeing a slowing trend in European sales. December call option implied volatility is at 55, January is at 53; above its 26-week average of 46.

CVS Caremark Corp (CVS) is recently up $1.33 to $37.10 on Q3 sales rising 7.3% and a better than expected profit. December call option implied volatility is at 25, January is at 23; above its 26-week average of 46.

Estee Lauder Co (EL) is recently up $17.64 to $118.45 on Q1 earnings rising 46% and raising its per-share earnings forecast for the year. December call option implied volatility is at 32, January is at 30; below its 26-week average of 37.

CBOE S&P 500 3-month Volatility Index (VXV) down 2.1% to 32.20; below its 50 day-moving average of 34.53.