Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Hardware, software and information technology stocks option implied trends lower
 
Dell (DELL) overall option implied volatility of 29 is below its 26-week average of 37.
 
Google (GOOG) overall option implied volatility of 25 is below its 26-week average of 31.
 
Amazon.com (AMZN) overall option implied volatility of 34 is below its 26-week average of 37.
 
Microsoft (MSFT) overall option implied volatility of 22 is below its 26-week average of 26.
 
Netflix (NFLX) overall option implied volatility of 60 is below its 26-week average of 65.
 
Technology Select Sector SPDR (XLK) March put option implied volatility is at 16, April is at 17, June is at 20; below its 26-week average of 23.