Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Barnes & Noble (BKS) is recently down 52c to $10.47 following the introduction of NOOK Simple Touch GlowLight. Overall option implied volatility of 68 is below its 26-week average of 74.
 
Infosys (INFY) is recently down $7.60 to $49.17 on the company seeing FY13 EPS $3.12-$3.17, consensus $3.25. Overall option implied volatility of 42 is above its 26-week average of 38.
 
Adobe (ADBE) is recently down 20c to $33.44 after the company approved a new $2B repurchase program. Overall option implied volatility of 27 is below its 26-week average of 37.
 
Coinstar (CSTR) is recently up $5.60 to $66.93 after the company raised FY12 core EPS view to $4.40-$4.80, consensus $4.09. May call option implied volatility is at 43, July is at 37; compared to its 26-week average of 44.
 
CBOE Volatility Index $VIX +9.9% to 18.90 on total volume of 137K contracts www.cboe.com/VIX‏

No Comments
CBOE

cboe.com

Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.