Blogging Options: CBOE Mid-day Update

Volatility as an asset class;
 
Proshares Ultra Short 20 Year Treasury ETF (TBT) is recently up 20c to $16.40 following the FOMC increasing mortgage-backed securities buys to $40B per month. October and December call option implied volatility of 28 is below its 26-week average of 31.

Pall Corp. (PLL) is recently up $4.63 to $62.80 on better than expected earnings and guidance. October call option implied volatility is at 19, December is at 20; compared to its 26-week average of 28.

Equinix (EQIX) is recently up $16.28 to $202.83 after the company approved a plan to pursue REIT conversion. October call option implied volatility is at 31, December is at 33; below its 26-week average of 40.
 
S&P 100 Options (OEX) is recently up 1.1% to 666.62 on the FOMC increasing mortgage-backed securities buys to $40B per month.
 
CBOE Volatility Index (VIX) decreases 8.2% to 14.51 on active volume of 354K contacts at the CBOE.