June VIX contracts settle at 17.22
Chris McKhann | email@example.com
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.
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.
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.
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.
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.
Video: August insurance in VIX
June 22, 2015
After last week's heavy volume paused on Friday, Group One's Jamie Tyrrell says VIX call buying has resumed with traders focused on August.