Learn the trade here. Make it on tradeMONSTER

Options Trading News

May 21, 2013  Tue 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed but little-changed at the end of yesterday's session, but the CBOE Volatility Index and its futures were higher.

The S&P 500 was down just 1.18 points to close at 1666.29. It did trade as high at 1672.84 at noon, reaching another record intraday high. Support is at 1634.

The Nasdaq 100 lost 7.99 points to finish up the day at 3020.97. Earlier in the session it reached 3,032.86, its highest intraday price since November 2000. Support is at 2942.

The Russell 2000 was up 1.70 points to 997.98, a new closing high. The small-cap index also posted a new
intraday high of 1001.50, breaking the 1000 level for the first time. Support is at 980.

The VIX was up 0.57 points, or 4.58 percent, to 13.02. Part of the gain was caused by the effect of the SPX options being repriced after the weekend time decay. The VIX remains at a significant premium to the historical volatility for the SPX, which is below 9 percent.

The May VIX futures, which have only one day left to trade, were up 0.10 points to 13.30. The June contracts were flat at 15.10, while the rest of the VIX futures were higher. The action pushed the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 1.33 percent to close at 18.27.

The VIX options volume picked up as 611,000 contracts traded, with calls outpacing puts by 2 to 1, making it second on the overall volume list. The VVIX Index, which measures the implied volatility of those options, was up 1.2 percent to 85.01.
Share this article with your friends


Related Stories

VIX

VIX subdued despite equity selloff

October 2, 2014

The major equity indexes fell sharply yesterday, but the CBOE Volatility Index remained subdued with a gain of only 2.5 percent.

VIX

Videocast: Volatility spike in VXST

October 1, 2014

Group One's Mike Palmer says the nine-day CBOE Short-Term Volatility Index (VXST), which was below the 10 level a month ago, settled today at 17.20.

VIX

VIX above 16 as stocks end mixed

October 1, 2014

The major equity indexes finished yesterday mixed while the CBOE Volatility Index continued higher, rising back above the 16 level.

VIX

Videocast: No panic for near term

September 30, 2014

Group One's Jamie Tyrrell says the nine-day CBOE Short-Term Volatility Index (VXST) is tumbling as Weekly contracts expire.

VIX

Equities close red but well off lows

September 30, 2014

Equity indexes closed in negative territory yesterday but were well off their lows. The CBOE Volatility Index finished just shy of 16.

Premium Services

Free Webinars

How Can Equity Traders Beat the Algos

Education & Strategy

When to go in or out of the money

Some of our subscribers recently asked how to gauge positions that are in or out of the money, so I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER