OptionsHouse

Options Trading News

August 30, 2012  Thu 2:28 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES

The volatility index closed at a four-week high above 17 yesterday, despite stocks remaining positive.

The VIX advanced 0.57, or 3.5 percent, to 17.06. This came as the S&P 500 inched up by a little more than 1 point to 1410.22. That close stood in the middle of the day’s range as it came off the day’s afternoon peak near 1414.

VIX futures ended at the highs. The September contracts last traded at 19.25, up 0.25 or 1.3 percent, while October climbed 0.2 to 21.65.

Total activity across the option markets remained light, with just over 9 million contracts. VIX options were fifth on that list with volume of 234,000 contracts. Calls outpaced puts by almost 2 to 1.

Share this article with your friends


Related Stories

VIX

Videocast: Volatility settles down

July 6, 2015

The spot VIX is still higher, but Group One's Jamie Tyrrell says volatility has pulled back from its initial spike this morning as the market digests the Greek situation.

VIX

VIX at highest level in 4 months

June 29, 2015

The CBOE Volatility Index is up 23.75 percent to 17.35 in midday trading, just off its intraday peak and its highest level since Feb. 11.

VIX

DRJ: Keep a close eye on volatility

June 29, 2015

As the Greek crisis intensifies, we are likely to see an explosion in volatility as widespread selling in European markets in turn pressures our indexes.

VIX

Video: Heavy July VIX call selling

June 24, 2015

After a steady stream of buying recently, Group One's Jamie Tyrrell says a trader sold 75,000 July 17 calls yesterday, and those levels are holding today.

VIX

Videocast: Cheap VIX call buying

June 23, 2015

With the volatility index down again today, Group One's Jamie Tyrrell says traders are buying July VIX calls but for much lower prices than last week.

Invest Like a Monster - San Antonio: October 9-10

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »