May VIX settlement comes in at 13.17
Chris McKhann | email@example.com
The May VIX futures settled at 13.17 this morning.
Those futures finished trading at 13.50. The spot volatility index opened at 13.45 and is now down 0.01 points on the day to 13.36.
This comes with continued gains in the S&P 500, which typically moves inversely to the VIX. The SPX is up 6 points and has finally broken above 1675, now running higher to 1677.
The June futures are now the front month and trade at 15.20, while the July futures are at 16.15.
Videocast: VIX going to Weeklies
May 28, 2015
Group One's Jamie Tyrrell says new VIX Weekly options will soon replacee available, replacing the nine-day CBOE Short-Term Volatility Index (VXST) contracts.
Video: June VIX calls bought again
May 27, 2015
Even though the market has reversed course with today's rally, Group One's Jamie Tyrrell says traders are buying VIX June 18 calls for the second session in a row.
Video: Volatility measures jump
May 26, 2015
Group One's Jamie Tyrell says traders are buying June and July VIX calls with the spot index up 15 percent and the nine-day CBOE Short-Term Volatility Index (VXST) spiking 40 percent.
Video: Huge June VIX call buy
May 22, 2015
Group One's Jamie Tyrrell says one large player purchased 140,000 July 18 calls in the VIX, adding to heavy upside buying earlier in the week.
Video: Heavy June VIX call action
May 21, 2015
A day after the May VIX contracts settled at 12.80, Group One's Jamie Tyrrell says 250,000 June calls changed hands.