Blogging Options: CBOE Morning Update

Volatility as an asset class
 
Proshares UltraShort Barc 20 Year Treasury ETF (TBT) overall option implied volatility of 41 is above its 26-week average of 37 into Federal Reserve meeting on December 13 as investors wait for decisions on the European summit accord from last week.
 
CBOE Interest Rate 5-year T Note (FVX) at $8.59; below its 50-day MA of 9.65.
 
CBOE Interest Rate 10-year T-Note (TNX) at $20.19; below its 50-day moving average of 20.63.
 
CBOE 30-Year Treasury Bond (TYX) at $30.66 near 10-day moving average of 30.54 and 50-day moving average of 30.71.
 
CBOE Gold Volatility Index (GVZ) at $23.13 below its 10-day MA of 24.76; gold above $1,683.
 

CBOE significant call volume increases;
 
BAC 1/18/2014 7 8K contracts
JEF 1/21/2012 14 5K
AAPL 12/9/2011 395 4K
MNI 12/17/2011 2 4K
TXN 1/21/2012 30 4K
LDK 1/21/2012 9 4K
VLO 1/21/2012 24 4K

VIX starts the week at 26.38. Triple Witch week. Futures drift lower.