Blogging Options: CBOE Mid-day Update

Stock Mover’s

Molycorp (MCP) is recently down $4.75 to $33.95 on reported Q3 revenue of $138.1M vs. consensus $161.57M. December put option implied volatility is at 76, January is at 79; above its 26-week average of 68.
 
Dillards (DDS) is recently down $5.77 to $49.93 on reported Q3 earnings rising 85% on weaker than expected margins. December and January put option implied volatility of 52 is near its 26-week average of 54.
 
MSCI Italy Index (EWI) is recently up 56c to $13.27 on Italy’s approval of a debt-reduction plan. Overall option implied volatility of 57 is above its 26-week average of 46.
 
CBOE Volatility Index-VIX down 2.64 to 30.17; S&P 500 recently up 1.9%.