Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 5, 2013  Tue 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes pushed higher yesterday, while the CBOE Volatility closed below 13 for the first time in almost three months.

The S&P 500 was up 6.29 points to 1767.93, the second-highest close for the SPX. It finished just off the high of the day, which came just before the bell. It has support at 1740.

The Nasdaq 100 gained 4.98 points to 3384.75, just off the 13-year closing highs from last week. It has support at 3300.

The Russell 2000 climbed 12.61 points to 1108.28. It has support at Friday's low of 1087 and then at 1040.

(When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns. We therefore will refrain from listing any.)

The VIX was down 0.35 points, or 2.64 percent, to 12.93. That was its first close below 13 since Aug. 13.

The near-term VIX futures were unchanged at the end of the day. The November futures finished at 13.95 and the December contracts at 15.05. With that the iPath S&P 500 VIX Short-Term Futures Note (VXX) was down 2.57 percent to $12.50, yet another new all-time closing low.
Share this article with your friends


Related Stories

VIX

Videocast: VIX futures hold firm

November 21, 2014

Even after the market rallied hard this morning, Group One's Jamie Tyrrell says the VIX futures barely budged and actually moved higher later.

VIX

SPX hits new closing high; VIX slips

November 21, 2014

Equity indexes rallied again yesterday, pushing the S&P 500 to another milestone while sending the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 20, 2014

For the second day in a row, Jamie Tyrrell says a big player is buying the VIX December 19 and 23 calls in large volume but at lower prices.

VIX

VIX up slightly as equities decline

November 20, 2014

The major equity indexes were lower at the end of yesterday's session, with the CBOE Volatility Index rising slightly.

VIX

Videocast: December call buying

November 19, 2014

Now that the November contracts have settled, Group One's Jamie Tyrrell says traders are snapping up the December 19 and 23 calls.

Premium Services

Webinar Playback

eSignal "Back in Black": Multi-Speaker Free Webinar

Education & Strategy

Some things aren't what they seem

As we scan the Heat Seeker, Depth Charge, and other option-tracking systems, we sometimes see heavy activity in calls and...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER