Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
 
CBOE Volatility Index-VIX up 31.2% to 41.43; above it’s 50-day moving average is 23.41.
 
JP Morgan (JPM) September and October put option implied volatility of 51 is above its 26-week average of 28.
 
Bank of America (BAC) September and October put option implied volatility is at 101; above its 26-week average of 37.
 
MasterCard (MA) September and January put option implied volatility of 45 is above its 26-week average of 30.