Blogging Options: CBOE Morning Update

Volatility as an asset class:
 
Tyson Foods (TSN) is down 44c to $14.96 on the company seeing 2013 sales of approximately $33.0B, consensus $35.40B. Overall option implied volatility of 36 is above its 26-week average of 29.
 
Sohu.com (SOHU) is up $2.40 to $37.10 in the premarket after reporting Q2 non-GAAP EPS 42c, consensus 39c. Overall option implied volatility of 59 is above its 26-week average of 50.
 
Changyou.com (CYOU) is up $4.03 to $23.40 in the premarket after reporting Q2 EPS $1.29, consensus $1.12. Overall option implied volatility of 96 is above its 26-week average of 60.
 

 
CBOE Volatility Index (VIX) closed at 15.64. VIX closed below its 10-day moving average of 18.17 and its 50-day MA of 19.54.
 
 
Puts with increasing volume at CBOE
 
SPY 12/22/2012 121 68k contracts
 
AAPL 8/3/2012 615 18K

KCG 8/18/2012 2.5 14K
 
IWM 9/22/2012 75 14K

U.S. stocks are mixed to higher on a calmer Europe this morning. Knight raising capital and BBY with a possible bid (no details on financing) to go private also sounding good to investors. Scattered but heavy rains in the midwest pushing grain futures lower.