Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 5, 2013  Wed 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes came off well their lows but still finished down yesterday, as did the CBOE Volatility Index.

The S&P 500 fell 9.04 points to close at 1631.38. It spent the first hour or so in positive territory, then traded as low as 1623.62. It climbed into the close, regaining much of its lost territory. It has support at 1623 and resistance at 1670.

The Nasdaq 100 lost 17.09 points to end the session at 2973.69. It followed the same pattern as the SDX, but the NDX's close was its lowest since May 9. It has support at 2950 and resistance at 3027.

The Russell 2000 gave up 8.56 points to finish at 981.97. It has support at 973 and resistance at 1000.

The VIX slipped 0.01 points to close at 16.27. The volatility index opened the day by breaking below 16, then climbed back above 17 before falling in the last couple of hours.

The VIX futures, however, kept their gains. The June contracts were up 0.10 points to 16.10, and the July futures rose 0.05 points to 17.05. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 1.2 percent to $19.34. 
Share this article with your friends


Related Stories

VIX

VIX drops again as equities rally

October 21, 2014

All of the major equity indexes were higher yesterday, driving the CBOE Volatility Index lower by more than 15 percent.

VIX

Videocast: Volatility quieting down

October 20, 2014

As stocks drift higher after last week's selloff, Group One's Jamie Tyrrell says the big trades today are selling October VIX calls.

VIX

VIX falls as equities close mixed

October 20, 2014

Equity indexes were mixed on Friday to finish a volatile week, while the CBOE Volatility Index dropped nearly 13 percent.

VIX

Videocast: Volatility down big today

October 17, 2014

Group One's Jamie Tyrrell says the volatility index is back down near the 20 level in today's rally, with near-term futures getting "crushed."

VIX

Videocast: November VIX calls sold

October 16, 2014

Group One's Jamie Tyrrell says traders are holding onto protection for the next few days but are selling the November VIX calls, apparently believing that volatility levels are too elevated.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Analyzing a bipolar market

Economics hinges on the tenet that people, including investors and traders, act rationally and in their own best interests. But...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER