Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Wal-Mart (WMT) is recently down $3.03 to $59.44 on bribery allegations at its Mexican operations. May put option implied volatility is at 17, puts at 24, June calls are at 13, puts at 21; compared to its 26-week average of 18. May 60 and 62 calls are active.

Hasbro (HAS) is recently down $1.58 to $34.34 after reporting Q1 EPS 4c compared to consensus estimates of 8c. May and July put option implied volatility of 25 is below its 26-week average of 31. May 35 and 37 calls are active.
 
Brinker (EAT) is recently up $3.07 to $30.98 to a five year high after reporting Q3 EPS 60c, consensus 56c. May call option implied volatility is at 28, July is at 27; below its 26-week average of 34.
 
CBOE Volatility Index (VIX) +1.96 to 19.40; above 10-day moving average of 18.90 and 50-day MA of 17.41.
 
Stocks with significant option volume at the CBOE; BAC AAPL NFLX MS C.
 
U.S. equities are lower on concerns of slowing global growth, European austerity and FOMC meeting results on April 24.