June VIX contracts settle at 17.22
Chris McKhann | [email protected]
The June VIX futures settlement came in at 17.22 this morning, well off their close of 16.75 yesterday and above the morning high for the spot volatility index.
The settlement comes from S&P 500 traded prices, while the spot VIX comes from the midpoint of the bid/ask spread.
The volatility index is now up 0.24 points to 16.85 while the S&P 500 is down just 2 points, just below 1650. The two indexes typically move inversely.
The rise in the VIX and that high futures settlement is a bit surprising. The July VIX futures are trading at at 17.70.
Videocast: VIX premiums fall more
April 24, 2015
As the market continues its rally today, Group One's Jamie Tyrrell says demand for upside VIX contracts falls off the cliff.
Videocast: Cheap protection in VIX
April 23, 2015
With the spot VIX and its futures falling today, Group One's Jamie Tyrrell says traders are coming back to buy protection with premiums low.
Videocast: May call selling in VIX
April 22, 2015
Group One's Jamie Tyrrell says a big player who bought more than 100,000 May calls recently is starting to let go of those options.
Videocast: Surge in May VIX calls
April 21, 2015
Group One's Jamie Tyrrell says a major volatility trader is back accumulating VIX calls in the May 20 and 21 strikes.
Videocast: Selling VIX calls at 16
April 20, 2015
With the market rebounding strongly today, Group One's Jamie Tyrrell says the big trade of the day is selling the VIX May 16 calls.