OptionsHouse

Options Trading News

August 23, 2012  Thu 2:06 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES

Buyers supported the S&P 500 yesterday, despite higher bond prices and early jitters about the global economy.

The gains came after the Federal Open Market Committee released the minutes of its last meeting at 2 p.m. ET. The Nasdaq also gained, although small caps lagged once again.

NDX rose 11.22 points, or 0.40 percent, to 2783.42 The small-cap Russell 2000 Index shed 2.80 points, or 0.34 percent, to end at 812.56.

S&P 500

Resistance now 1415, followed by 1416.09, 1422.50 and Tuesday's high of 1426.68.
Support is now 1412.50, followed by 1410, 1406.78 and Wednesday's low of 1404

Nasdaq 100

Resistance is now 2785, followed by 2790.01, 2797.22 and Tuesday's high of 2802.91.
Support is now 2780, followed by 2271.03, 2763.02 and Wednesday's low of 2759.14.

Russell 2000

Resistance is now 813, followed by 814.88, 815.50 and 817.50.
Support is now 812, followed by 810 and 805.

Share this article with your friends


Related Stories

SPX

Stocks in holding pattern near highs

February 27, 2015

S&P 500 futures are down 0.15 percent but are less than a percentage point below Wednesday's peak. Most overseas markets were little-changed, aside from India, which rallied almost 2 percent.

SPX

GDP, Chicago PMI lead calendar

February 27, 2015

The Commerce Department will announce revised gross domestic product for the fourth quarter at 8:30 a.m. ET, followed by the Chicago Purchasing Managers index follows at 9:45 a.m. ET.

SPX

Futures inch higher after key data

February 26, 2015

S&P 500 futures are up about 0.1 percent ahead of key economic reports, while European markets gained about 0.3 percent on the heels of confidence numbers. Asia was strong overnight.

SPX

Durable goods lead today's docket

February 26, 2015

The Commerce Department will announce the numbers for January at 8:30 a.m. ET. Economists expect an increase of 1.7 percent overall and 0.5 percent excluding transportation equipment.

SPX

Stocks holding in range near highs

February 25, 2015

S&P 500 futures are off 0.1 percent, and most of Europe is down slightly more. Oil and currencies associated with global growth are trying to rebound on strong Chinese manufacturing numbers.

Invest Like a Monster - Las Vegas: March 13-14

Premium Services

Webinar Recording

Turbo Charge Your Trading Profits

Education & Strategy

The Strike-Based Greeks

The other Greeks (Gamma, Vega, and Theta) are calculated by using month and strike data, and not by individual option. These are called strike-based Greeks. Gamma, Theta, and Vega are all strike-based Greeks

View more education articles »