Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 30, 2012  Fri 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes rose again yesterday, driving the CBOE Volatility Index lower.

The S&P 500 was up 6.02 points, closing just shy of 1416. It did dip midday on "fiscal cliff" comments by House Speaker John Boehner but quickly recovered. Support remains at 1380 and resistance at 1428.

The Nasdaq 100 was up 14.76 points to 2680. It has support and resistance at 2600 and 2700.

The small-cap Russell 2000 had the best percentage gain of 1.19 percent, or 9.7 points, to finish the session at 823.20. Unlike the other two indexes, the RUT closed just off its session high. Support remains at 800 and resistance at 830.

The volatility index was down 0.45 points, or 2.9 percent to 15.06--just off the low of the day. The VIX futures were also lower, with the December and January contracts both down 0.30 points to 15.20 and 17 respectively.

More than 730,000 VIX options changed hands, with calls just barely outpacing puts. The SPX options turned over 615,000 times, with a put/call ratio of 2 to 1. The VVIX Index, which measures the implied volatility of the VIX options, fell another 2.45 percent to a new all-time low of 78.42.
Share this article with your friends


Related Stories

VIX

VIX at lowest close in two months

November 26, 2014

The major equity indexes were mixed but little-changed yesterday, while the CBOE Volatility Index fell to its lowest level in two months.

VIX

Videocast: Caution in the VIX pits?

November 25, 2014

Group One's Jamie Tyrrell dissects large VIX call buying that has continued all week, saying that today's price action indicates that traders may be getting more cautious on the market.

VIX

VIX lower as stocks keep rallying

November 25, 2014

The major equity indexes added to their gains yesterday, sending the S&P 500 and Nasdaq 100 to more new highs while pushing the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 24, 2014

Group One's Jamie Tyrrell says a large trader continues to purchase VIX December 19 and 23 calls, though others are buying put spreads.

VIX

Rally pushes VIX below 13 level

November 24, 2014

Equity indexes closed Friday off its best levels of the morning but still at new highs, pushing the CBOE Volatility Index below the 13 level.

Premium Services

Free Webinar Series

Using Options for Income

Education & Strategy

Importance of learning the basics

Personally, I could never understand how so many option instructors start teaching strategies before explaining what an option is. I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER