Volatility as an asset class:
Hhgregg (HGG) is recently down $4.44 to $7.10 after preannouncing weak video sales and lower guidance. July and August put option implied volatility is at 65, October is at 62; above its 26-week average of 49.
Goldcorp (GG) is recently down $3.60 to $33.15 after lowering FY12 gold production view.
July put option implied volatility is at 43, August is at 44, October is at 42, January is at 43; above its 26-week average of 36.
Teucrium Corn Fund (CORN) is recently down 73c to $46.14 following the USDA crop report which showed a large cut in crop forecasts. July call option implied volatility is at 41, August is at 39, November is at 34, February is at 33; above its 26-week average of 29.
JPMorgan (JPM) July 35 and 37 calls are active on total CBOE volume of 23K contracts into the release of Q2 results on Friday morning.
CBOE Volatility Index (VIX) is recently down 43c to 18.4 as U.S. equities are mixed after four down days.