Blogging Options: CBOE Morning Update 7.5.13

Volatility as an asset class

CBOE Interest Rate 5 Year Note (FVX) closed at 14.12, above its  50-day moving average of 9.96 into the June employment report.

Proshares UltraShort Barc 20 Year Treasury ETF (TBT) overall option implied volatility of 34 is above its 26-week average of 27.

VIX methodology for iShares Silver Trust (VXSLV) closed at 40.71; above its 50-day moving average of 37.81.

CBOE VIX methodology for Market Vectors Gold Miners Fund (VXGDX) closed at 51.64, above its 50-day moving average of 43.79.

CBOE S&P 500 BuyWrite Index (BXM) closed at $949.52, above its 10-day moving average of 942.87 and its 50-day moving average of 957.35.

CBOE Volatility Index (VIX) closed at 16.20, below its 10-day moving average of 17.78, and above its 50-day moving average of 15.18.

Calls with increasing volume Wednesday at CBOE:

F 9/21/2013 17 8K contracts
VXX 7/12/2013 34 7K
SPY 7/20/2013 161 7K
EEM 7/20/2013 38.50 5K
MU 7/20/2013 16 5K

SPDR S&P 500 ETF Trust (SPY) is higher by $1.49 $162.75 in the premarket despite world political tension and disappointing economic data (Factory Opders) out of Germany.  Shares in Europe were up huge yesterday on light trading with peaceful outcome in Egypt.  NIKKEI & Hang Seng up ~2%.  DIS up $0.25 despite terrible reviews on “The Lone Ranger” movie.
June Non-Farm payroll showed a rise of 195k (+169k expected), and the Jobless Rate unchanged at 7.6%.  May revised higher to a gain of +195k (from +175k), April with a small revision higher as well.
After initial push higher, holiday trading?