Blogging Options: CBOE Morning Update

Stock Mover’s
 
Alcatel-Lucent (ALU) is recently down 41c to $2.35 in pre-open trading on the company seeing weaker than planned revenue in Q4. Overall option implied volatility of 84 is above its 26-week average of 66.

Starbucks (SBUX) is recently up $1.39 to $42.79 in pre-open trading on the company seeing FY12 revenue growth of approximately 10% driven by mid-single-digit comparable store sales growth, 800 net new store openings. Ovearll option implied volatility of 38 is above its 26-week average of 34.

Hanson Natural (HANS) is recently down $1.36 to $88.78 in pre-open trading following Q3 revenue of $474.7M compared to $463.7M. Overall option implied volatility of 57 is above its 26-week average of 43.
 

CBOE significant put volume increases;
 
GLD 1/19/2013 150 5K contracts
IBKR 12/17/2011 12 4K
GLD 12/17/2011 172 4K
RAX 11/19/2011 41 4K
NFLX 11/4/2011 90 4K
VALE 12/17/2011 24 3K
GLD 1/21/2012 135 3K
AAPL 11/4/2011 395 3K

GRPN IPO at $20.

Non-Farm Payrolls show a gain of 80,000 (less than 90k to 105k expected), but Aug & Sep revised higher

Jobless rate at 9%

Stock Futures down