Blogging Options: CBOE Mid-day Update

hhgregg (HGG) is recently down $1.63 to $11.50 after the company lowered its FY12 EPS view to $1.05-$1.15 from $1.26-$1.41. January put option implied volatility is at 74, February is at 78, April is 72; above its 26-week average of 61.
 
Cirrus Logic (CRUS) is recently up $2.38 to $19.34 on the company seeing Q4 revenue $105M vs. consensus $98.49M. January call option implied volatility of 45, February is 49; below its 26-week average of 58.
 
WebMD (WBMD) is recently down $10 to $26.73 following the resignation of its CEO, the termination of talks with potential buyers and the company seeing Q4 results between the low-end and midpoint of its previous guidance. January call option implied volatility is at 79, February is at 61; above its 26-week average of 47.
 
CBOE Volatility Index-VIX down 49c to 20.58; below its 50-day moving average of 27.60