Blogging Options: CBOE Morning Update

Volatility as an asset class
 

iShares Silver Trust (SLV) is recently down $2.51 to $27.31 in pre-open trading. Silver is recently down 5.1% to $28.59. Overall option implied volatility of 47 is above its 26-week average of 40.

VIX methodology for iShares Silver Trust (VXSLV) closed at 75.87; above its ten-day moving average of 50.44.
 
Market Vector Gold Miners (GDX) is recently down 65c to $55.76 in pre-open trading. Overall option implied volatility of 48 is above its 26-week average of 34, suggesting larger price movement as gold sells off 0.74% to $1627. 

Market Vectors Gold Miners Fund (VXGDX) closed at 53.93; above its ten-day moving average of 42.22.
 
United States Oil Fund (USO) is recently down 17c to $30.92 in pre-open trading. WTI Crude futures are recently up 0.19% to $80. Overall option implied volatility of 47 is above its six-month average of 35.
 
VIX methodology for Energy Select Sector SPDR (VXXLE) closed at 53.18; above its ten-day moving average of 40.97.
 
 
CBOE significant call volume increases
 
BAC 1/19/2013 10 9K contracts
MOS 10/22/2011 65 8K
AAPL 9/23/2011 405 7K
MSFT 10/22/2011 26 5K
HPQ 11/19/2011 19 5K
XOM 10/22/2011 72 5K
FINL 11/19/2011 22.5 5K