ConocoPhillips (NYSE: COP) closed at $88.25 Thursday.
Crude oil futures are at $99.03 according to Bloomberg.
COP overall option implied volatility of 30 is near its 26-week average according to Track Data, suggesting non-directional risks.
NASDAQ 100 QQQQ overall implied volatility at 28; 26-week average is 25
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










