Blogging Options: CBOE Morning Update

Cummins (CMI) is lower by 63c to $115.20 in the premarket following reported Q1 EPS $2.38, consensus $2.22.
 
Domino’s Pizza (DPZ) is down $2.75 to $35.06 in the premarket after reporting Q1 adj EPS 47c on Q1 revenue of $384.6M, consensus was $404.06M. Overall option implied volatility of 46 is above its 26-week average of 37.
 
Pfizer (PFE) is recently down 25c to $22.65 in the premarket after reporting Q1 adjusted EPS 58c, consensus 56c. Overall option implied volatility of 18 is below its 26-week average of 23.
 
CBOE Volatility Index-VIX closed at 17.14, 10-day moving average is 17.64, 50-day moving average is 17.09.

 
 
Stocks with significant put strike volume increases;
 
KO 5/19/2012 75 13K contracts

CHK 5/19/2012 17 10K

CTL 5/19/2012 38 7K

BBBY 5/19/2012 70 5K
 
GLD 1/18/2014 140 5K

BAC 5/4/2012 8 4K
 
AAPL 5/4/2012 580 4K

MS 5/19/2012 17 4K

U.S. equities are mixed. Some European markets closed due to May Day. A fair amount of economic reports this week beforeFriday’s unemployment report