Blogging Options: CBOE Mid-day Update

Stock Mover’s

Kraft Foods (KFT) is recently up 60c to $38.38 on the company seeing FY11 operating EPS at least $2.28 vs. consensus $2.27. KFT February put option implied volatility is at 16, March is at 17; below its 26-week average of 18.
 
Forest Labs (FRX) is recently up $1.11 to $32.01 following Q3 EPS $1.04 vs. consensus $1.01. FRX February call option implied volatility is at 21, May is at 25; compared to its 26-week average of 32.
 
Monster Beverage (MNST) is recently up $3.71 to $100.70 following Goldman Sachs raising its rating to Buy from Neutral. January put option implied volatility is at 31, March is at 38; compared to its 26-week average of 42.
 
CBOE Volatility Index-VIX up 15c to 21.06 on a tight intra-day trading range of 20.69-21.06. CBOE Volatility Index (VIX) : www.cboe.com/VIX