Blogging Options: CBOE Mid-day Update

Stock Mover’s
 
iShares Silver Trust (SLV) is recently up 1.5% to $40.33 as silver rallies 1.8% to $41.36. SLV September and October call option implied volatility is at 45; above its 26-week average of 40. SLV September 40 and 42 calls are active on the CBOE with total volume of 135K contracts as spreaders initiate hedges.
 
VIX methodology for iShares Silver Trust (VXSLV) up 1.3% to 50.58; below 10-day moving average of 50.76.

Volatility as an asset class
 

Baidu (BIDU) September 150 and 155 calls are active on total option volume of 102K contracts on the CBOE. September call option implied volatility is at 52, December is at 49; compared to its 26-week average of 47 and above Google’s (GOOG) September call option implied volatility of 30 compared to its 26-week average of 28.
 

VIX methodology for Google (VXGOG) up 1.2% to 37.93; below 10-day moving average of 41.66.

Three and half trading days in next seven and half days.