OptionsHouse

Options Trading News

March 28, 2013  Thu 12:26 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed but little changed at the end of the day, even as the VIX and futures moved higher.

The S&P 500 lost less than one point to close at 1562.85. It fell below 1552 immediately after the opening bell and spent the rest of the day climbing back. It was positive in the final minutes before edging lower into the close. Resistance is still at 1565 and support remains at 1538.

The Nasdaq 100 had the best day of the three, but only gained 3.5 points to finish at 2809.98. It had fallen below 2785 at the open but climbed to positive in the afternoon. It has resistance at 2817 and support at 2760.

The Russell 2000 Index rose just 0.42 to close at 950.24. It still has resistance at 954 and support at 930.

The VIX ended the day up 3 percent to 13.15. It jumped to just shy of 14 at the open. It then briefly fell below 13 mid-day and just before the bell. But it started climbing into the close even before the SPX slipped off the day's highs.

The April futures followed higher, gaining 0.2 to close at 14.4. The May futures were up 0.1 to finish at 15.7. This had the VXX up 1 percent to close at 20.35.

VIX options traded 455,000 contracts, with calls outpacing puts by more than 3 to 1. The VVIX, the volatility index of those VIX options, was up fractionally to close out at 85.32.
Share this article with your friends


Related Stories

SPX

Futures climb after jobs report

July 2, 2015

S&P 500 rose 0.3 percent, up from an earlier gain of 0.1 percent after non-farm payrolls missed estimates by a small margin.

SPX

Job data in focus before holiday

July 2, 2015

Non-farm payrolls, moved forward from Friday, and weekly jobless claims are due at 8:30 a.m. ET. Factory orders for May follow at 10 a.m. ET.

SPX

Stocks hold gains after jobs data

July 1, 2015

S&P 500 futures rebounded 0.8 percent as investors look past the Greek debt crisis and focus on economic news. Europe was broadly higher while bonds continue to fall.

SPX

ADP jobs, ISM lead busy agenda

July 1, 2015

Mortgage applications are today's first U.S. headline, followed by ADP private-sector payrolls and the Institute for Supply Management's manufacturing index.

SPX

Cramer: 7 reasons for a selloff

June 30, 2015

At least seven issues would have driven us down at least 1 percent yesterday. And you can tack on another 0.75 percent from the moves by parties on both side of the Greek crisis.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »