Blogging Options: CBOE Mid-day Update

Gap (GPS) is recently down 76c to $22.76 on the company seeing FY12 EPS $1.75-$1.80, consensus $1.79. March and June call option implied volatility of 27 is below it 26-week average of 37.
 
Deckers Outdoor (DECK) is recently down $10.39 to $79.83 on the company seeing FY12 EPS flat vs. FY11 EPS of $5.07. March call option implied volatility is at 39, April is at 37; below its 26-week average of 55.

Rubicon Technology (RBCN) is recently down $2.16 to $10.01 following the release of Q4 EPS of 4c, compared to consensus 7c. March and April put option implied volatility is at 57 below its 26-week average of 71.
 
CBOE Volatility Index (VIX) down 19c to 16.61, below its 200-day moving average of 26.09. www.cboe.com/VIX