Blogging Options: CBOE Morning Update

Volatility as an asset class
 
SPDR Gold Trust-GLD overall implied volatility is at 28; above its 26-week average of 20. GLD is the largest exchange traded fund (ETF) with $77.9B in assets as of the close last night. The SPDR S&P 500 ETF-SPY has $76.7B of assets.

VIX methodology for Market Vectors Gold Miners Fund-VXGDX closed at 44.58, above 50-day moving average of 44.43. Gold trades above $1888.
 
VIX methodology for iShares Silver Trust-VXSLV closed at 53.18; above 50-day moving average of 44.47. 

Research in Motion-RIMM overall option implied volatility is at 73 is above its 26-week average of 48.
 
 
CBOE significant call volume increases
 
BAC 1/21/2012 10 11K contracts
GLD 9/17/2011 220 6K
GE 1/21/2012 19 4K
S 9/17/2011 3.5 3K
 

CBOE significant put volume increases
 
YRCW 9/17/2011 0.5 14K contracts
GM 1/21/2012 25 11K
BAC 1/21/2012 10 10K
JPM 12/17/2011 23 9K
LEN 9/17/2011 11 7K

Stock Futures up 1% this morning