Blogging Options: CBOE Morning Update

Navistar (NAV) is recently down $1.52 to $38.51 in the premarket on the company seeing FY12 adjusted EPS of $4.25-$5.25, consensus $5.30. Overall option implied volatility of 42 is below its 26-week average of 51.

Williams-Sonoma (WSM) is recently down 83c to $37.01 in the premarket after reporting Q4 EPS $1.17 and guidance was below consensus on lower margins. Overall option implied volatility of 40 compares to its 26-week average of 42.
 
McDonald’s (MCD) is recently down $3.78 TO $96.46 in the premarket after reporting February global comparable sales growth of 7.5% in February. Overall option implied volatility of 18 is near its 26-week average of 19.
 
CBOE Volatility Index-VIX closed at 19.07, 10-day moving average is 18.12, 50-day moving average is 19.55.
 

Stocks with significant put volume increases;
 
AAPL 3/9/2012 525 7K contracts
 
ETFC 4/21/2012 9 5K
 
BAC 1/19/2013 4 5K

U.S. equities are higher as Greece moved toward finalizing its debt swap agreements. The ECB left rates unchanged, as expected. Weekly Claims grew by 8,000, but Futures are ignoring this report, DJIA futures up 67 points. Economic data thin for rest of today, full plate tomorrow.