Blogging Options: CBOE Morning Update

Volatility as an asset class;

CBOE VIX methodology for iShares MSCI Emerging Mkts Index (VXEEM) closed at 23.30, below its 50-day moving average of 23.81.

CBOE VIX methodology iShares Trust FTSE China 25 Index Fund (VXFXI) closed at 24.20, below its 50-day moving average of 24.78.

CBOE VIX methodology for iShares MSCI Brazil Index Fund (VXEWZ) closed at 26.59, below its 50-day moving average of 28.31.

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) closed at 33.36 below its 50-day moving average of 31.92.

CBOE VIX methodology for iShares Silver Trust (VXSLV) closed at 31.27, above its 50-day moving average of 31.90.

CBOE VIX methodology for Energy Select Sector SPDR (VXXLE) closed at 20.80, below its 50-day moving average of 21.65.

CBOE Volatility Index (VIX) closed at 16.32. VIX closed above its 10-day moving average of 14.93 and its 50-day MA of 15.94.

Calls with increasing volume at CBOE;

BAC 10/20/2012 10 22K contracts

SPY 10/20/2012 149 17K

USO 1/19/2013 50 16K

RIMM 12/22/2012 10 11K

U.S. stocks are higher as traders are risk on into Friday’s September U.S. employment report. Optimism that Spain bailout could work.