NASDAQ 100 (QQQQ) overall implied volatility at 19; 26-week average is 22.
Semiconductor Holders Trust (SMH) overall volatility at 23; 26-week average is 26.
Russell 2000 (IWM) overall implied volatility at 24; 26-week average is 27.
Financial Select Sector (XLF) overall volatility at 25; 26-week average is 28.
ISE Sentiment Index-ISEE closed at 131; 10-day moving average is 160.
January front month equity options expire, January 21, 2011.
Stocks with implied volatility above mean: Sirius Satellite Radio (SIRI), Micron (MU), Bank of America (BAC), according to IVolatility.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.