UltraShort QQQ ProShares-QID is recently up 55 cents to $27.56 in pre-open trading. QID seeks daily investment results that correspond to twice the inverse daily performance of the NASDAQ Index-100 Index. QID August option implied volatility is at 48, September is at 53; below its 26-week average of 70, according to Track Data, suggesting decreasing price movement.
China Life Insurance (NYSE: LFC) closed at $68.72. LFC offers products and services, including individual life insurance, accident insurance and health insurance in China. LFC August and September option implied volatility of 70 is above its 26-week average of 55, according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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