OptionsHouse

Options Trading News

May 9, 2013  Thu 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes continued to reach new highs yesterday, while the CBOE Volatility Index ended lower after being positive for most of the session.

The S&P 500 was up 6.73 points to finish at 1632.69, a new all-time closing high and just 0.09 points off the intraday record that came just before the bell. The SPX fell briefly in the morning and dipped with about two hours left to trade, but then climbed to those new highs. Support is at 1585.

The Nasdaq 100 gained 15.36 points to 2968.24. That more than made up for Tuesday's losses, boosting the NDX to new 13-year highs. It too had an afternoon swoon but then finished just off the day's high. Support is at 2860.

The Russell 2000 also climbed to another new record high, gaining 2.59 points to 970.41. It saw the most volatility in the afternoon, dipping below 964 before finishing right at the session high. Support is at 935.

The VIX ended the day at 12.66, down 0.17 points, but it was higher for most of the session. The volatility index was above 13 with an hour left to trade, then tumbled as the SPX made its final push.

The VIX futures held their gains, with the May contracts up 0.10 points to 13.95. The June VIX futures gained 0.20 points to finish at 15.10. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 0.66 percent to 18.31.
Share this article with your friends


Related Stories

VIX

Videocast: Selling high VIX strikes

January 30, 2015

Group One's Jamie Tyrrell says today's big volatility trades are selling this pop in the VIX, unloading the February 29 and 30 calls.

VIX

VIX drops as equities bounce back

January 30, 2015

The major equity indexes rebounded yesterday after the steep selloff in the previous session, and the CBOE Volatility Index dropped nearly 19 percent.

VIX

Videocast: VIX action 'wishy washy'

January 29, 2015

After the VIX soared late yesterday, Group One's Jamie Tyrrell says today's volatility trading is "wishy washy" as the pits try to decide which way the market is heading.

VIX

Videocast: April call spread in VIX

January 28, 2015

Low volumes persist in volatility trading, but Group One's Jamie Tyrrell says one trader is buying a VIX April 18/25 call ratio spread.

VIX

VIX rises as equities fall on earnings

January 28, 2015

Equity indexes lost ground after a slew of disappointing earnings reports but did finish off the lows of the session. The CBOE Volatility Index gained nearly 11 percent.

OptionsHouse

Premium Services

Archived Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »