Blogging Options: CBOE Morning Update

Volatility as an asset class

SPDR S&P 500 ETF (SPY) overall option implied volatility of 25 is near its 26-week average of 25.
 
NASDAQ 100 (QQQ) overall implied volatility of 26 is near its 26-week average of 25.
 
Russell 2000 (IWM) overall implied volatility of 32 is above its 26-week average of 27.
  
Financial Select Sector (XLF) overall volatility of 35 is above its 26-week average of 29.
 
SPDR Gold Trust (GLD) overall implied volatility at 26 is above its 26-week average of 26.
 
iShares Silver Trust (SLV) overall implied volatility of 44 is above its 26-week average of 44.
 
Stock futures are pointing to a moderately higher open to begin the week. Asian markets fell but stabilized following reports of the death of North Korean leader Kim Jong Il. In the U.S., investors are awaiting the release of the NAHB Housing market index, which is due out at 10:00 am ET.
 

CBOE significant put volume increases;

RIMM 1/21/2012 13 46K contracts
RIMM 1/21/2012 15.0000 36K
NFX 12/17/2011 40 9K contracts
AAPL 12/17/2011 380 9K
DTV 12/17/2011 45 7K
CECO 12/17/2011 7 6K
TC 6/16/2012 6 6K
GLD 12/17/2011 155 6K