OptionsHouse

Options Trading News

September 18, 2012  Tue 12:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
U.S. equity indexes closed mixed yesterday after a sharp mid-session commodity selloff that seemed unrelated to any material news.

The S&P 500 ended lower by 4.58 points, or 0.31 percent, at 1461.19. The Russell 2000 saw similar profit-taking as it fell 5.80 points, or 0.67 percent, to finish at 858.90.

The Nasdaq 100 added 1.21 points, or 0.04 percent, to 2856.44. The index got a boost from heavily weighted Apple, which consolidated under the $700 level during the regular session and broke through that mark in after-hours trading.

S&P 500
Resistance is now 1462.35, followed by 1464, 1466, and 1470.
Support is now 1460.03, followed by 1458.22, 1457.55 (yesterday's low), and 1452.50.
Nasdaq 100
Resistance is now 2857.50, followed by 2860, 2865.37 (Friday's high), and 2870.
Support is now 2853.22, followed by 2846.2, 2839.70, and 2831.46.
Russell 2000
Resistance is now 859, followed by 861.44, 864.11, and 866.
Support is now 858, followed by 855.89, 854.63, and 853.
Share this article with your friends


Related Stories

SPX

Stocks in range before Greek news

July 7, 2015

S&P 500 futures are down less than 0.1 percent, while most of Europe has declined a full percentage point. Asia was mixed overnight, with Shanghai falling again.

SPX

Greece meeting dominates day

July 7, 2015

The main item on this side of the Atlantic is the May trade balance at 8:30 a.m. ET. European officials are scheduled to meet at 2 p.m. ET over the Greek debt crisis.

SPX

Greece meeting dominates day

July 7, 2015

The main item on this side of the Atlantic is the May trade balance at 8:30 a.m. ET. European officials are scheduled to meet at 2 p.m. ET over the Greek debt crisis.

SPX

Futures decline after Greek ballot

July 6, 2015

S&P 500 futures are down 0.6 percent after dropping about 1.1 percent overnight. European indexes have followed a similar trajectory but are 1-2 percent in the red. Asia was mostly lower as well.

SPX

Quiet calendar after Greek vote

July 6, 2015

Today's agenda starts early with German factory orders and the European Sentix sentiment gauge. The main U.S. item is the Institute for Supply Management's service-sector index.

OptionsHouse

Premium Services

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »