Blogging Options: CBOE Morning Update

Green Mountain Coffee (GMCR) is up $6.00 to $34.95 in the premarket on a Q4 profit increase of 22% and increasing its outlook for 2013. Overall option implied volatility of 192 is above its 26-week average of 75.

Ann Taylor (ANN) is up $0.57 to $33.00 in the premarket after reporting Q3 revenue of $612.55M, compared to consensus $606.06M. Overall option implied volatility of 51 is above its 26-week average of 41.

Analog Devices (ADI) is down $1.21 to $39.10 as the chip maker reported Q4 sales declines and projected less than expected Q1 results. Overall option implied volatility of 23 is near its 26-week average.

SPDR S&P 500 ETF Trust (SPY) is off $0.48 to $139.85 in the premarket a day after a key congressional leader expressed disappointment over a lack of progress towards solving the fiscal cliff stand-off.

CBOE Volatility Index-VIX closed at 15.92, below its 10-day moving average is 16.11, and its 50-day moving average is 16.29.

Calls with increasing volume at CBOE;

IWM 12/22/2012 84 22K contracts
ALL 1/19/2013 37 19K
SPY 1/19/2013 144 11K
F 12/22/2012 12 7K
BAC 11/30/2012 10 6K
AAPL 11/30/2012 590 6K

Overseas markets a little soft this morning.