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Options Update: Credit ETFs' volatility flat into government fund raising

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ProShares UltraShrt Lehman 7-10 Yr ETF (NYSE: PST) closed at $57.16. The U.S. Treasury is in the midst of raising $300 billion from credit investors to fund the economic stimulus plan. PST overall option implied volatility of 24 is near its three-week average according to Track Data, suggesting non-directional price movement.

iShares Barclays Capital Long Term Tr ETF (NYSE: TIP) closed at $100.50. TIP overall option implied volatility of 12 is near its 26-week average according to Track Data, suggesting non-directional price movement.


Volatility Index S&P 500 Options - VIX at 43.63; 10-day moving average is 43.25.


Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Symbol Lookup
IndexesChangePrice
DJIA+23.5810,457.29
NASDAQ+7.212,176.39
S&P 500+3.701,109.35

Last updated: November 25, 2009: 01:58 PM

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