Proshares UltraShort Real Estate (NYSE: SRS) closed at $50.71 Wednesday. SRS seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index. SRS January option implied volatility is at 140, below a level of 180 from mid December. February volatility is at 137; above its 26-week average of 129, according to Track Data.
Ultra Financials ProShares (NYSE: UYG) closed at $6.03 Wednesday. UYG daily investment results correspond to twice the daily performance of the Dow Jones U.S. Financials Index. UYG January option implied volatility is at 91, below a level of 118 from last week; March is at 109 according to Track Data, suggesting March movement.
Powershares DB Multi Sector Commodity Trust (NYSE: DBA), a rules-based index consisting of agricultural futures contracts, closed at $26.18 Wednesday. January option implied volatility of 43 is near its 26-week average of 41, according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










