iShares Trust FTSE/Xinhua China 25 Fund (NYSE: FXI) volatility up:
FXI rallied 6% to a record. FXI is an index fund that seeks investment results that correspond generally to the price and yield performance of the FTSE/Xinhua China 25 Index. FXI was recently up $10.29 to $153.94. FXI September option implied volatility was at 53 above its 26-week average of 30 according to Track Data, suggesting larger risk.
China Mobile LTD (ADR) (NYSE: CHL) volatility elevated as CHL rallies 5% to record High.
CHL, a global wireless carrier with 301 million subscribers, was recently up $3.77 to $67.65. CHL September option implied volatility of 47 was above its 26-week average of 33 according to Track Data, suggesting larger price risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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