OptionsHouse

Options Trading News

February 6, 2013  Wed 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes rebounded strongly yesterday but were unable to regain all of Monday's losses.

The S&P 500 was up 15.58 points to close at 1511.29. It climbed to 1514.96 an hour before the bell, its highest intraday price since 2007, but then pulled back below Thursday's close. Resistance is now around that 1515 level, while support is at 1472.

The Nasdaq 100 had the best percentage gain of the three major indexes, ending the day up 1.45 percent. That was a gain of 39.31 points to 2754.99, but it was still below Thursday's highs. Resistance remains at 2770 and support at 2660.

The Russell 2000 rose 0.99 percent, or 8.94 points, to 908.22 but also did not regain Thursday's highs. Resistance will likely be at 913, and support is at 880.

The CBOE Volatility Index was down 0.95 points, or 6.48 percent, to 13.72. It lost ground all day but bounced in the final hour. The VIX February futures lost 0.90 points to close at 14.40, while the March futures were down 0.30 points to 15.60.

The VIX options volume was relatively light at 335,000, led by 255,000 calls. The VVIX Index, which measures the implied volatility of the VIX options, was down 3.5 percent to 75.07, back near its lows.
Share this article with your friends


Related Stories

VIX

Videocast: Traders buying VIX puts

April 17, 2015

Even with stocks down sharply today, Group One's Jamie Tyrrell says traders are buying in-the-money VIX May 16 puts apparently in the believe that volatility will pull back.

VIX

Videocast: VIX call buyer returns

April 16, 2015

A day after the April settlement, Group One's Jamie Tyrrell says a big player is back buying the VIX May 19 and 23 calls.

VIX

Videocast: April VIX settles at 13.81

April 15, 2015

The April VIX contracts settled at 13.81 this morning, but Group One's Jamie Tyrrell says traders are now buying the May 19 and 23 calls.

VIX

Videocast: VIX on eve of expiration

April 14, 2015

On the day before the April expiration, Group One's Jamie Tyrrell says traders are focusing on the VIX 14 puts and 15 calls.

VIX

Videocast: Huge VIX June trade

April 13, 2015

Group One's Jamie Tyrrell breaks down the strategy behind a three-way cash spread in June contracts that traded 650,000 times.

OptionsHouse

Premium Services

Education & Strategy

Investor deficiency in premium collection

Most investors have heard about selling options as a form of income generation. You hear it from brokers and financial advisors as a way to generate income without selling off pieces of your nest egg, dwindling through your retirement accounts, and then being stuck figuring out how to financially afford the rest of your life...

View more education articles »