Blogging Options: CBOE Afternoon Update

Proshares UltraShort Barc 20 Year Treasury ETF (TBT) overall option implied volatility of 37 is above its 26-week average of 34.
 
CBOE Interest Rate 5-year T Note (FVX) is recently up 42c to $7.33; above its 10-day moving average of 6.90 and below its 50-day moving average of 7.98.
 
CBOE Interest Rate 10-year T-Note (TNX) is recently up 39c to $16.39 above its 10-day moving average of 15.93 and below its 50-day moving average of 18.53.
 
CBOE 30-Year Treasury Bond (TYX) is recently up 23c to $27.46; above its 10-day moving average of 26.83 and below its 50-day moving average of 29.90.
 
First Solar (FSLR) is up $2.26 to $14.60 after Reuters reported that the company has ramped up production at plants in Germany to meet a surge in demand. Overall option implied volatility of 85 is above its 26-week average of 76.
 
CBOE Volatility Index (VIX) is down 84c to 22.71 as U.S. equities rally in spite of Spanish bond yields reaching a record high. Overall volume has been light – second time in a week stocks have rallied on low volume. Credit markets are mixed today as yields trade near record lows