OptionsHouse

Options Trading News

April 26, 2013  Fri 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes pushed higher yesterday, while the VIX and its futures finished mixed after an outage suspended trading at the CBOE for several hours.

The S&P 500 rose 6.37 points to 1585.16. It pushed above 1592 in the early afternoon and then slipped into the close. This came despite the problems at the CBOE, which meant that the SPX and VIX options didn't trade for most of the day. Resistance is at 1597 and support at 1540. (See related story)

The Nasdaq 100 was up 14.53 points to 2848.65. The gains made up for its losses from a week ago Monday. Resistance remains at 2860 and support at 2743.

The Russell 200 gained 6.16 points to 940.28, off its session highs. Resistance is still at 954 and support at 900.

The VIX was up just 0.01 points to 13.62. It fell as low as 13.13 midday, but the morning action was suspect because it is calculated off those SPX options, which weren't trading.

The May and June VIX futures both gained 0.10 points to close at 14.75 and 15.50 respectively. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 1.1 percent to 19.25.

At the end of the day, 390,000 SPX options traded and 251,000 VIX options traded.
Share this article with your friends


Related Stories

VIX

Videocast: Big selling in VIX calls

May 6, 2015

Even as the market falls for the second day in a row, Group One's Jamie Tyrrell says a big player sold 30,000 May 18 calls.

VIX

Video: Muted activity in VIX calls

May 5, 2015

Even with the May futures rising above 15, Group One's Jamie Tyrrell says there has been surprisingly little interest in buying VIX calls.

VIX

Video: Traders target VIX 14 level

May 4, 2015

The volatility index is positive despite gains in the S&P 500, bucking their usual inverse relationship, and Group One's Jamie Tyrrell says traders continue to target the VIX 14 level.

VIX

Videocast: May VIX call buys return

May 1, 2015

With VIX futures falling as the market rebounds today, Group One's Jamie Tyrrell says 38,000 VIX May 18 calls were purchased today.

VIX

Videocast: VIX traders turn to June

April 30, 2015

Group One's Jamie Tyrrell says volatility traders are targeting June VIX contracts today as the recent heavy May call buying has apparently subsided.

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

Premium Services

Education & Strategy

Basics of synthetic positions

Before we get into the 6 basic synthetic positions, there are some basic principles that are necessary to review and make it easier to understand Synthetic Positions. By clearly understanding these concepts, Synthetic Positions become rather easy...

View more education articles »