Blogging Options: CBOE Mid-day Update

Volatility as an asset class
 
Market Vectors Gold Miners Fund (GDX) is recently down $1.11 to $38.25 as gold trades down 1.39% to $1,581. Overall option implied volatility of 28 is below its 26-week average of 31.

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) is recently up $1.74 to $29.22, above its 50-day moving average of $28.45.

iShares Silver Trust (SLV) is recently up $1.61 to $28.28 as silver trades down 2.62% to $28.65. Overall option implied volatility of 26 is near its 26-week average.

VIX methodology for iShares Silver Trust (VXSLV) is recently up $1.64 to $28.31; above its 50-day moving average of 25.54.

Energy Select Sector SPDR (XLE) is recently down 69c to $78.67 as WTI crude futures trade down 2.16% to $94.87. Overall option implied volatility of 16 is below its 26-week average of 20.

CBOE VIX methodology for Energy Select Sector SPDR (VXXLE) is recently up 92c to $17.62, below its 50-day moving average of 18.49.

CBOE S&P 500 BuyWrite Index (BXM) is recently down $2.60 to $927.48; above its 50-day moving average of 915.04. www.cboe.com/BXM

CBOE Volatility Index (VIX) is recently up 84c to 13.15. VIX April 20 and 25 calls are active on total option volume of 263K contacts at the CBOE.

S&P 100 Options (OEX) is recently down $2.28 to $686 as investors react to falling housing starts and oil falling by more than $2 a barrel.