Learn the trade here. Make it on tradeMONSTER

Options Trading News

March 4, 2013  Mon 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
All three equity indexes climbed from early losses to finish higher. That sent the CBOE Volatility Index lower, but all of the VIX futures gained.

The S&P 500 ended the week at 1518.20, up 3.52 points on the day. It had been down at the open, briefly breaking below 1502 before rallying into positive territory. The SPX settled in through the afternoon in a low-volatility range around that 1518 level and finished back above its 20-day moving average. Resistance is at 1530 and support at 1485.

The Nasdaq 100 was up 9.17 points to close at 2747.75. The NDX broke below 2714 just after the open, and it too settled into a tight range for the afternoon. Resistance is at 2782 and support at 2690.

The Russell 2000 followed the same pattern, finishing the week at 914.73, up 3.62 points. The small-cap index barely closed above its 10-day moving average. It has resistance at 932 and support at 894.

The VIX was down 0.15 points to close the week at 15.35. This could be chalked up to the gains in the S&P 500 but was more likely caused by the fact that it was a Friday, when the weekend time decay gets priced into the SPX options.
http://www.optionmonster.com/education/options_pricing.php

The VIX futures, in contrast, were all higher. The March futures were up 0.30 points to 16.45, while the April futures gained 0.20 points to close at 16.90. The May futures gained 0.25 points to 17.30.

The VIX options traded just shy of 500,000 contracts, with calls outpacing puts by almost 2 to 1. The VVIX Index, which measures the implied volatility of the those options, was up 1.5 percent to 87.83.
Share this article with your friends


Related Stories

VIX

Videocast: VIX futures hold firm

November 21, 2014

Even after the market rallied hard this morning, Group One's Jamie Tyrrell says the VIX futures barely budged and actually moved higher later.

VIX

SPX hits new closing high; VIX slips

November 21, 2014

Equity indexes rallied again yesterday, pushing the S&P 500 to another milestone while sending the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 20, 2014

For the second day in a row, Jamie Tyrrell says a big player is buying the VIX December 19 and 23 calls in large volume but at lower prices.

VIX

VIX up slightly as equities decline

November 20, 2014

The major equity indexes were lower at the end of yesterday's session, with the CBOE Volatility Index rising slightly.

VIX

Videocast: December call buying

November 19, 2014

Now that the November contracts have settled, Group One's Jamie Tyrrell says traders are snapping up the December 19 and 23 calls.

Premium Services

Webinar Playback

eSignal "Back in Black": Multi-Speaker Free Webinar

Education & Strategy

Some things aren't what they seem

As we scan the Heat Seeker, Depth Charge, and other option-tracking systems, we sometimes see heavy activity in calls and...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER