Blogging Options: CBOE Mid-day Update

Stock Mover’s

Merck (MRK) is recently up $1.11 to $34.90 on the company increasing its dividend for the first time in seven years. November call option implied volatility is at 22, January is at 23; compared to its 26-week of 22.

Viacom (VIA’B) is recently up $2.41 to $51.69 after beating estimates on the top and bottom lines and boosting its share buyback program to $10B. November call option implied volatility is at 39, January is at 34; compared to its 26-week of 36.

Green Mountain Coffee (GMCR) is recently down $24.98 to $42.01 on a sales miss and increased inventories. November put option implied volatility is at 94, December is at 87; above its 26-week average of 63.
 

Volatility as an asset class
 
CBOE S&P 500 BuyWrite Index (BXM): www.cboe.com/BXM is recently down 1.1% to 816.26, above its 50-day moving average of 778.24.