Blogging Options: CBOE Morning Update

Volatility as an asset class

SPDR Gold Trust-GLD overall implied volatility at 17 is below its 26-week average of 19.
iShares Silver Trust-SLV overall implied volatility at 36; below its 26-week average of 39.
NASDAQ 100-QQQ overall implied volatility at 18 is near its 26-week average of 19.
Semiconductor Holders Trust-SMH overall volatility of 21 is below its 26-week average of 23.
Russell 2000-IWM overall implied volatility of 20 is below its 26-week average of 23.
Financial Select Sector-XLF overall volatility of 21 is below its 26-week average of 23.
 
 
CBOE significant call volume increases
 
LLY July 38 15K contracts
GLD August 145 10K
AAPL July 350 8K
GE July 20 6K
BAC July 11 6K 

 

A short trading week, with the Employment report due on Friday.