OptionsHouse

Options Trading News

November 14, 2012  Wed 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The equity indexes gave up intraday gains in the final hour of yesterday's session, leaving the CBOE Volatility Index essentially unchanged.

The S&P 500 was down 5.50 points to 1374.53. It started the day by dipping below 1372 but quickly recovered and rose above 1388. The SPX traded sideways until the last hour, when it steadily declined. Support remains at 1365 and resistance at 1433.

The Nasdaq 100 lost 20.91 points to finish at 2561.86. It followed a similar pattern, dropping to 2554 and then stalling up at 2585 before the morning slide. The 2550 support held, and resistance remains at 2651.

The Russell 2000 was down 4.75 points to 789.01. Its late-day drop took it back to its morning low. Support and resistance at 775 and 825 respectively.

The VIX closed out the session at 16.65, down just 0.03 points. It opened the day above 17 but fell down near 16 in short order and spent most of the rest of the day negative. The afternoon equity drop pushed the volatility index back up near 17, but it settled a bit lower after the bell.

The VIX futures were all lower. The November and December contracts were both down 0.15 points to 16.95 and 18.20 respectively.

More than 744,000 VIX options traded on the day, led by 594,000 calls, and a spread in the December and January 32.50 calls topped the action. The SPX options were just behind with 716,000 contracts, 396,000 of which were puts. The VVIX Index, which measures the implied volatility of the VIX options, was down 3 percent to 87.84.
Share this article with your friends


Related Stories

VIX

Video: Call buyers ride pop in VIX

July 27, 2015

With the spot volatility index jumping well above 15 today, Group One's Jamie Tyrrell says VIX call buyers are targeting the 20 strike in August and September.

VIX

Video: Steady buying in VIX calls

July 24, 2015

With the market down again today, Group One's Jamie Tyrrell says traders are snapping up calls in August, September, and October.

VIX

Video: August VIX calls pick up

July 23, 2015

Group One's Jamie Tyrrell says traders are buying VIX calls again today, with the largest purchase in the August 18 contracts.

VIX

Videocast: July VIX settles at 12.82

July 22, 2015

With this morning's July expiration out of the way, Group One's Jamie Tyrrell says traders are buying the VIX August 18 and 22 calls.

VIX

Videocast: 'Mind the gap' in VIX

July 21, 2015

Group One's Jamie Tyrrell says the gap between VIX options and futures is closing ahead of tomorrow's July settlement, with contracts converging above the 12.50 level.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Options Academy: Put/Call Parity

Once you have learned and understood the concepts of Synthetic Positions and Reversal/Conversion, you have mastered the idea that options are truly mathematically based...

View more education articles »