Blogging Options: CBOE Morning Update

Volatility as an asset class
 
Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently down 9c to $18.51. TBT overall option implied volatility of 39 is below its 26-week average of 42.

Market Vector Gold Miners (GDX) is recently down 45c to $53.35. Gold is recently down 0.32% to $1535. Overall option implied volatility of 35 is below its 26-week average of 37.

iPath S&P 500 VIX Mid-Term Futures Index ETN (VXZ) overall option implied volatility of 43 is below its 26-week average of 47.

iPath S&P 500 VIX Short-Term Futures (VXX) overall option implied volatility of 73 is below its 26-week average of 82.
 
 
CBOE significant call volume increases;
 
BPAX 6/16/2012 0.50 12K contracts
JCP 2/18/2012 37 10K
BAC 1/21/2012 6 9K
F 1/21/2012 12.5 7K
TLT 3/17/2012 122 6K
T 1/21/2012 30K 5K
MT 1/21/2012 20 5K
APOL 1/21/2012 55 5K
NEOP 1/19/2013 3 5K
MSFT 1/21/2012 27.5 4K

Stocks give up ground in slow pre-market trade.