Volatility as an asset class
IShares Barclay 20+ YR Treasury ETF (TLT) is recently down 58c to $116.90 into FOMC meeting on June 16-17. June weekly call option implied volatility is at 16, June is at 17, July and August is at 16; compared to its 52-week range of 9 to 18.
Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently up 50c to $50.78. June weekly call option implied volatility is at 30, June is at 33, July is at 31, August is at 32, September is at 33; compared to its 52-week range[...]