Blogging Options: CBOE Afternoon Update

Stock Mover’s

Hewlett-Packard (HPQ) is recently up 74c to $28.03 on the appointment of shareholder Ralph Whitworth to its board after he accumulated a 1% stake in the company. December call option implied volatility is at 50, January is at 47; above its 26-week average of 41.

Dolby Laboratories (DLB) is recently up $3.17 to $30.85 after reporting better-than-expected earnings. December call option implied volatility is at 46, March is at 44; near its 26-week average of 45.

Blue Coat Systems (BCSI) is recently up 67c to $17.57 after reporting better-than-expected earnings. December put option implied volatility is at 63, January is at 54; compared to its 26-week average of 57.

Most active index families on CBOE into close of double witch Friday: VIX SPX NDX RUT OEX XEO DJX

U.S. stocks are mixed on light headlines from Europe into Super Committee results scheduled for release of November 23.

Stocks mixed. Metals and interest rates slightly higher. Uncertainty in Europe and with US debt commission not helping. Slew of economic numbers early next week,