Blogging Options: CBOE Morning Update

Volatility as an asset class:
 
Allscripts (MDRX) is up $1.37 to $10.97 in the premarket after the company raised its earnings outlook. Overall option implied volatility of 76 is above its 26-week average of 41.
 
Monster Beverage (MNST) is down $4.47 to $63.30 in the premarket after reporting Q2 revenue of $592.6M, compared to consensus $596.1M. Overall option implied volatility of 61 is above its 26-week average of 40.
 
News Corp. (NWS) is down 54c to $23.54 in the premarket on the company reporting a $1.55B loss for its Q4 on a multi-billion-dollar write-down from its publishing business. Overall option implied volatility of 28 is near its 26-week average of 27.
 
CBOE Volatility Index-VIX closed at 15.32, below its 10-day moving average of 17.06 and at the lowest level since March 26.
 

Calls with increasing volume at CBOE
 
AAPL 1/19/2013 300 33K contracts
 
CHK 10/20/2012 22 25K
 
XLB 9/22/2012 37 15K
 
SPY 8/18/2012 140 12K
 
WFR 8/18/2012 2.5 11K
 
GLD 1/19/2013 200 10K

U.S. stocks are mixed on initial jobless claims of 361K, versus 370K and Trade Deficit lower. Weak China economic numbers and European markets down fractionally. United States Postal Service lost $5.2 billion in the 3rd Q.