Learn the trade here. Make it on tradeMONSTER

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

Equities break six-day win streak

April 24, 2014

The Nasdaq 100 led the major indexes lower yesterday, but the CBOE Volatility Index posted only a fractional gain.

VIX

Videocast: Traders sell VIX calls

April 23, 2014

Group One's Jamie Tyrrell says traders are "selling the possibility of a big move" in the VIX in the next few weeks, led by a large sale of May 18 calls.

VIX

Stock indexes climb to key levels

April 23, 2014

Equity indexes extended their winning streak to six sessions yesterday, bringing them to key technical levels while pushing the CBOE Volatility Index lower.

VIX

Videocast: VIX sellers trump buyers

April 22, 2014

Group One's Jamie Tyrrell says sell orders have overwhelmed purchases, most notably a May 20/30 call spread sold 30,000 times.

VIX

Equities extend streak to 5 days

April 22, 2014

The CBOE Volatility Index slipped yesterday as equity indexes advanced again, extending their winning streak to five sessions.

Premium Services

Education & Strategy

Options and high-frequency trading

There has been much talk lately of high-frequency trading (HFT) and what it does--or doesn't--mean to the markets and retail...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER