Blogging Options: CBOE Morning Update 6/17

Volatility as an asset class:
 
Option implied volatility stays flat for largest market capitalized stocks in U.S.
 
Exxon Mobil-XOM has a market capitalization of $392B. Overall option implied volatility of 23 is near its 26-week average.
Apple-AAPL has a market capitalization of $299B. Overall option implied volatility of 31 is near its 26-week average,
Microsoft-MSFT has a market capitalization of $202B. Overall option implied volatility of 26 is near its 26-week average of 25.
Chevron-CVX has a market capitalization of $199B. Overall option implied volatility of 25 is near its 26-week average of 23.
General Electric-GE has a market capitalization of $195B. Overall option implied volatility of 28 is above its 26-week average of 26.
IBM-IBM has a market capitalization of $163B. Overall option implied volatility of 21 is near its 26-week average.
 

CBOE significant call volume increases
 
VALE August 32 12K contracts
WFC June 27 11K 
CSCO January 2013 20 10K
C August 43 7K 
RIMM 6/18/2011 40.0000 6K