Blogging Options: CBOE Mid-day Update

Volatility as an asset class:
 
Hewlett-Packard (HPQ) is recently up 46c to $19.42 following a positive earnings pre-announcement. August put option implied volatility is at 34, September at 38, January is at 38; compared to its 26-week average of 34.
 
McDonalds (MCD) is recently down $1.45 to $87.56 as traderes reacted to flat global same-store sales. August call option implied volatility is at 17, September and December is at 14; compared to its 26-week average of 17.
 
Computer Sciences (CSC) is recently up $4.35 to $29.87 on results that beat analyst expectations. August call option implied volatility is at 37, September is at 29, December is at 31; compared to its 26-week average of 37.
 
S&P 100 Options (OEX) is recently up 0.1%. The CBOE Volatility Index (VIX) is down 2.5% to $15.59.