Options Volatility Eases in Light Trading

Despite several big-name earnings still on deck, volume on the major options exchanges was pretty modest Thursday and volatility eased.

Implied volatility measures continue to come down after a brief uptick earlier this week. The Chicago Board Options Exchange Volatility Index fell 5.2% to 29.63 around midday. Some traders are saying that although fear is subsiding, investors are still hung over from last week's rally, so volume is decidedly lower.

Volatility Index
Today	% Change
29.79	-4.7%
Source: ILX

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