Volatility as an asset class:
Acme Packet (APKT) is recently down $2.78 to $15.61 following the company saying Q2 results were impacted by weakness in N.A. service provider market. August call option implied volatility is at 70, November and January is at 63; above its 26-week average of 57.
Netflix (NFLX) is recently trading at $81 up from a level of $72 on July 3 and below a level of $85.30 from this morning. July call option implied volatility is at 56, August is at 70, September is at 64; compared to its 26-week average of 62.
Euro Currency Trust (FXE) July put option implied volatility is at 11, August is at 12, September is at 13, December is at 14; compared to its 26-week average of 12 as the Euro trades near two-year lows.
The CBOE Volatility Index (VIX) up 2.3% as the S&P 500 trades down 1.2% on a weak June jobs report and JPMorgan temporarily closing its Euro money funds after rate cut.