SPDR Homebuilders (NYSE: XHB) is recently down 45 cents to $14.42 in pre-open trading. XHB September option implied volatility is at 39, December is at 40; below its 26-week average of 55, according to Track Data, suggesting decreasing price movement.
Financial Select Sector (NYSE: XLF) is recently down 48 cents to $13.76 in pre-open trading. August option implied volatility is at 34; September is at 36; below its 26-week average of 55, according to Track Data, suggesting decreasing price movement.
Options Update: Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










