Blogging Options: CBOE Mid-day Update

Volatility as an asset class:
 
OpenTable (OPEN) is recently up $6.34 to $40.49 following better than expected Q2 results and guidance. August, September and December call option implied volatility of 45 is below its 26-week average of 55.
 
Blue Nile (NILE) is recently up $8.48 to $32.23 following better than expected Q2 results. August call option implied volatility is at 36, September is at 47, February is at 50; below its 26-week average of 55.
 
Linkedin (LNKD) is recently up $13.29 to $106.80 after announcing solid Q2 and guidance. August call option implied volatility is at 46, September is at 47, November is at below its 26-week average of 54.
 
S&P 100 Options (OEX) is near its highs of the day on the monthly jobs report increasing investor optimism.

CBOE Volatility Index (VIX) is recently down 1.39 to 16.18 on total volume of 422K contacts at the CBOE.