OptionsHouse

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

Videocast: More VIX call selling

April 1, 2015

As the market cuts its losses from the morning, Group One's Jamie Tyrrell says traders continue to exit April calls that were bought in large volume recently.

VIX

Videocast: Selling VIX April calls

March 31, 2015

With volatility down from last week's spike higher, Group One's Jamie Tyrrell says traders are selling April calls that had been purchased in large volume.

VIX

Videocast: VIX call wave subsides

March 30, 2015

Group One's Jamie Tyrrell says 250,000 VIX April 20 calls were purchased in the previous two sessions, but that big player appears to be on the sidelines with today's market rally.

VIX

Videocast: Big April VIX call buying

March 27, 2015

GroupOne's Jamie Tyrrell says a major player bought 150,000 April 20 calls late yesterday even as VIX futures fell.

VIX

Videocast: VIX not showing panic

March 26, 2015

Despite the market's downturn this week, Group One's Jamie Tyrrell says traders apparently do not believe that the VIX will hit the 20 level.

Invest Like a Monster - San Diego: June 26-27

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinar

Education & Strategy

Introduction to Theta

This week, we continue our discussion of the strike-based Greeks with Theta...

View more education articles »