Blogging Options: CBOE Morning Update 6/15

Volatility as an asset class:
 
Cruise line volatility up, hotels flat as leisure stocks trend lower

Royal Caribbean-RCL overall option implied volatility of 42 is above its 26-week average of 40.
Carnival-CCL overall option implied volatility of 34 is above its 26-week average of 30.
Marriott-MAR overall option implied volatility of 30 is near its 26-week average of 30.
Starwood Hotels-HOT overall option implied volatility of 33 is near its 26-week average.
Wyndham-WYN overall option implied volatility of 30 is near its 26-week average of 31.
Hyatt Hotels-H overall option implied volatility of 29 is near its 26-week average of 30.
 
CBOE significant call volume increases
BAC July 11 15K contracts
GLD January 2013 170 15K
SPWRA June 25 13K
CSCO July 15 11K
BAC January 2013 10 10K 
JCP July 36 10K
GM August 31 10K