Blogging Options: CBOE Morning Update

Stock Mover’s
 
Infosys (INFY) is recently down $5.52 to $51.38 in the pre-market following weak guidance as Oct-Dec profits increase 33%. Overall option implied volatility of 41 is above its 26-week average of 36.
 
Chevron (CVX) is recently down $1.87 to $105.90 in the pre-market after the company guided Q4 guidance lower. Overall option implied volatility of 24 is below its 26-week average of 27.
 
Williams-Sonoma (WSM) is recently down $4.68 to $34.43 in the pre-market after the company lowered Q4 outlook. Overall option implied volatility of 39 compares to its 26-week average of 42.
 
 
CBOE significant call volume increases;
 
CMCSA 4/21/2012 25 10K contracts
VALE 3/17/2012 23 10K
DELL 8/18/2012 13 7K
BAC 1/21/2012 6 6K
UPL 6/16/2012 26 4K
C 1/21/2012 30 4K 
SINA 3/17/2012 35 4K
 
U.S. equities are higher on a successful Spain bond auction. VIX is at the low end of its six-month range. Weekly Jobless claims higher and December Retail Sales disappointing may offset good Spain news.