PowerShares DB US Dollar Index Down (NYSE: UDN) is a rules-based index composed solely of short USDX futures contracts. The USDX futures contract is designed to replicate the performance of being short the U.S. dollar against the following currencies: euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. UDN closed at $26.69. UDN over all option implied volatility of 18 is below its 26-week average of 22, according to Track Data, suggesting decreasing price movement.

PowerShares Commodity Index volatility (NYSE: DBC) is a rules-based index composed of futures contract on six of the most heavily-traded and important physical commodities in the world: crude oil, heating oil, gold, aluminum, corn and wheat. DBC closed at $23.97. DBC over all option implied volatility is of 38 is below its 26-week average of 42, according to Track Data, suggesting decreasing price movement.

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

Options Update: Dollar, commodity indices down, volatility low originally appeared on BloggingStocks on Thu, 11 Jun 2009 08:45:00 EST. Please see our terms for use of feeds.