Research in Motion (RIMM) is recently down $1.65 to $13.48 in pre-open trading following weaker than expected February quarter guidance. January call option implied volatility is at 79, February is at 77; above its one-year average of 52.
Adobe (ADBE) is recently up 84c to $27.30 in pre-open trading following strong Q4. Overall option implied volatility of 50 is above its 26-week average of 39.
U.S. equity’s are trading higher in pre-open trading on November Consumer Price Index CPI up 0.0% vs. consensus of 0.1% for the month. Core up 0.2%.
Volatility as an asset class
VIX methodology for Amazon (VXAZN) at 45.88, below 50-day moving average of 47.81.
VIX methodology for Google (VXGOG) at 31.01; below 50-day moving average of 32.99.
CBOE DJIA BuyWrite Index (BXD) closed at 216.52, near its record high of 216.77 from December 9. www.cboe.com/BXD
CBOE significant put volume increases;
CBS 1/21/2012 25 20K contracts
TWX 1/21/2012 34 18K
FSLR 1/21/2012 30 17K
BAC 3/17/2012 5 10K
AAPL 12/17/2011 380 4K
TEVA 1/21/2012 40 3K
ORCL 1/21/2012 32 3K
Europe fairly quiet this morning. Zynga IPO later this morning.
Welcome to Triple (or Quadruple) Witch Friday.