Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Migrating trader’s have bid up the prices and volatility of bonds, treasuries, silver and gold as they seek a safe haven on global growth concerns.
I
Shares Barclay 20+ YR Treasury ETF (TLT) is recently up 1.9% to 100.43 as bonds rally on slow growth concerns. August put option implied volatility is at 17, September is at 18; above its 26-week average of 14.

SPDR Gold Trust (GLD) is recently up 1.4% as gold trades above $1,645. August and September 160 put option implied volatility of 19 is near six-month average of 18 August 160 calls are active on total option volume of 239K contracts on the CBOE.

iShares Silver Trust (SLV) is recently up 2.4% as silver rallies 2.25%. August and September 40 put option implied volatility of 41 is near its six-month average. Silver is recently up 2.25%. August 40 and 41 calls are active on total option volume of 195K contracts on the CBOE.