Volatility Index S&P 500 Options: VIX up 3.30 to 27.90.
Volatility Index NASDAQ 100: VXN up 2.55 to 30.05.
Financial Select Sector: XLF March volatility at 51; 26-week average is 34.
Option volume leaders today were: Washington Mutual, Inc. (NYSE: WM), Citigroup Inc. (NYSE: C), Merrill Lynch & Co., Inc. (NYSE: MER) and The Bear Stearns Companies Inc. (NYSE: BSC) according to Track Data.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










