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Blogging Options: CBOE Mid-day Update 6.26.13

Volatility as an asset class Hormel (HRL) is recently up 55c to $38. 55 after reaffirming FY13 EPS outlook of $1.88-$1.96. Overall option implied volatility of 23 is above its 26-week average of 19. Apollo Group (APOL) is recently down $1.34 to $18.05 after the for-profit education company reported a Q3 profit decrease of 40%. […]