Blogging Options: CBOE Mid-day Update

Volatility as an asset class

Zynga (ZNGA), Groupon (GRPN) and LinkedIn (LNKD) volatility stays elevated as shares trade lower after Facebook (FB) IPO.

Zynga June put option implied volatility is at 107, September is at 87; above its 19-week average 68.

Groupon June put option implied volatility is at 146, July is at 132 above its 26-week average of 57.

LinkedIn June put option implied volatility is at 64, July is at 58; compared to its 26-week average of 62.

U.S. stocks and bonds are mixed into this weekend’s G-8 meeting.

CBOE Volatility Index-VIX is recently down 83c to 23.66, near the high end of its five-month range.