Amex Energy Select (XLE) volatility low at 30; oil above $70
Amex Energy Select (NYSE: XLE) : is recently up 33c to $50.95 in pre-open trading. Crude oil futures are recently up 2.02% to $70.86 according to Bloomberg. XLE over all option implied volatility of 30 is below its six-month average of 41, according to Track Data, suggesting decreasing price movement. Paul Foster
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