Amex Energy Select XLE (news,
chart,
quote) - XLE Option implied Volatility of 23 at low end of Range
XLE January option implied volatility of 23 is below an October level of 33. XLE 26-week average option implied volatility is 26. Below average option implied volatility suggests decreasing price fluctuations or risk.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.
