Blogging Options: CBOE Mid-day Update

Stock Mover’s
 
Lowe’s (LOW) is recently up 42c to $23.52 on slightly improving same-store sales and solid Q4 gross margins guidance. December put option implied volatility of 36 is near its 26-week average of 34.

Amazon.com (AMZN) is recently up $2.21 to $219.61 on the new Kindle Touch and Kindle Touch 3G will begin shipping on November 15. December and January call option implied volatility of 41 is near its 26-week average of 40.
 
Citigroup (C) is recently down $1.04 to $28.30 as U.S. bank stocks sold off on increasing euro-zone concerns. Overall option implied volatility of 59 is above its 26-week average of 50.

VIX methodology for iShares MSCI Emerging Markets Index Fund (VXEEM) is recently up 5.7% to 45.40 as EEM sells off 52c to $40.25.

Markets bumping along bottom for the day.