Blogging Options: CBOE Mid-day Update

Volatility as an asset class

Mastercard (MA) is recently up $21.13 to $378.50 as net revenue increased 20% to $1.73B. February and March put option implied volatility of 25 is a below its 26-week average of 37.
 
Cummins (CMI) is recently up $7.83 to $113.72 on company expectations of a 10% increase in total revenue for 2012. February and March put option implied volatility of 27 is a below its 26-week average of 43.
 

Abercrombie & Fitch (ANF) is recently down $5.40 to $41.43 on deep discounts driving resulting in a sales and gross margin miss. February put option implied volatility is at 49, May is at 46; compared to its 26-week average of 51.