Blogging Options: CBOE Mid-day Update

Volatility as an asset class

iShares MSCI Germany (EWG) September put option implied volatility is at 40, September is at 37; above its 26-week average of 23 according to Track Data, suggesting larger price movement.
Volatility as an asset class

United States Oil Fund (USO) is recently down 4.6% as oil trades below 88. August put option implied volatility is at 40, September and October is at 36; above its 26-week average of 32. August and September 36 puts are active with total option volume of 171K contracts trading at the CBOE.

SPDR Gold Trust (GLD) is recently down 31c to $161.14 as gold holds steady at 1,656. August and September 161 put option implied volatility of 19 is near six-month average of 18. August 161 and 163 calls are active with total option volume of 594K contracts on the CBOE.

Russell 2000 (IWM) August call option implied volatility is at 32, September is at 28; above its six-month average of 23. August 76 and 78 calls are active with total option volume of 310K contracts on the CBOE.