Blogging Options: CBOE Morning Update

Volatility as an asset class

CBOE Crude Oil ETF Volatility Index (OVX) @ 28.08, below its 50-day moving average of 30.44, www.cboe.com/OILVIX

CBOE Gold ETF Volatility Index (GVZ) @ 14.83, above its 50-day moving average of 14.45. www.cboe.com/GVZ

CBOE Interest Rate Swap Volatility Index (SRVX) @ 82.27, below 50-day moving average of 85.05. www.cboe.com/SRVX

CBOE EuroCurrency ETF Volatility Index (EVZ) @ 8.74, above its 50-day moving average of 8.07. www.cboe.com/EVZ

CBOE Russell 2000 Volatility Index (RVX) @ 22.49, above its 50-day moving average of 20.22. www.cboe.com/RVX

CBOE VIX of VIX Index (VVIX) @ 90.89, above its 50-day moving average of 87.22, www.cboe.com/VVIX

CBOE Volatility Index (VIX) closed at 19.46, above 10-day moving average of 17.58, and 50-day moving average of 16.95.

Calls with increasing volume at CBOE;

SPY 12/28/2012 142 14K contracts
BAC 1/19/2013 12.5 11K
AAPL 12/28/2012 515 8K

Puts with increasing volume at CBOE;

SPY 12/31/2012 141 25K contracts
IWM 1/19/2013 76 20K
ASTX 2/16/2013 3 101K
GLD 1/19/2013 143 10K

S&P 500 futures down 7 points in the premarket, DJIA Futures off 56 points. metals lower, Ag’s mixed. The VIX had a nice run yesterday, closing at 19.47 after trading above 20 early in the afternoon. The clock continues to tick towards the fiscal cliff. Chicago PMI after the markets open.