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Options Trading News

September 13, 2012  Thu 12:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
U.S. equity indexes closed higher yesterday ahead of the Fed reports this afternoon.

After trading to 1439.15 off the open, a new five-year high, the S&P 500 closed higher by 3 points, or 0.21 percent, at 1436.56.

The Nasdaq 100 saw wide swings during Apple's iPhone 5 release but closed higher by 6.79 points, or 0.24 percent, at 2791.68. AAPL surged into the close, finishing with a gain of $9.20, or 1.39 percent.

The Russell 2000 rose 3.21 points, or 0.38 percent, to end the day at 845.12. The small-cap index continues to consolidate under its 2012 high of 847.92.

S&P 500
Resistance is now 1437, followed by 1438.87, 1439.15 (yesterday's high), and 1444.
Support is now 1435, followed by 1434.45, 1432.20, and 1430.
Nasdaq 100
Resistance is now 2793.64, followed by 2798.97 (yesterday's high), 2800, and 2805.
Support is now 2788.45, followed by 2780, 2775, and 2770.
Russell 2000
Resistance is now 845.17 (yesterday's high), followed by 847.92 (2012's high), 848.50, and 850.
Support is now 844.20, followed by 842.75, 840, nad 838.87.
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