Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
CurrencyShares Swiss Franc Trust (FXF) is recently down 0.4% a day after the Swiss Franc closed at a fresh record high. August put option implied volatility is at 17, September is at 16 above to its six-month average of 11.
 

MSCI Italy Index (EWI) overall option implied volatility of 38 is above its six-month average of 29 as stocks trend towards 12-month lows.
 
Microsoft August 28 and 29 calls are active with option implied volatility at 24, September at 23; compared to its 26-week average of 24, suggesting non-directional price movement.
 

Stock Mover’s
 
Sirius XM (SIRI) is recently down 2% after reporting inline Q2 revenue and raising its subscriber guidance. Overall option implied volatility of 59 is above its 26-week average of 50.