Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 6, 2012  Thu 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The equity indexes were mixed with the Nasdaq 100 falling significantly, while the CBOE Volatility Index and the VIX futures were lower.

The S&P 500 gave up most of its gains in the last minutes of trade to close at 1409.28. It was up more than 2 points but fell from just shy of 1416 at the end of the session. The SPX had dipped below 1400 at the morning lows. Support and resistance remain at 1390 and 1420.

The Nasdaq 100 lost exactly 30 points, or 1.12 percent, to end the session at 2637.89 as heavily weighted Apple dropped more than 6 percent. The NDX was as low as 2625 at the morning lows. Support remains at 2600 and resistance at 2700.

The Russell 2000 Index was down as well but only by 1.52 points, closing at 820.6. It did dip down near 816 at the morning low but was positive into the last 45 minutes of trade. Support and resistance are at 810 and 830 respectively.

The VIX ended the day down 0.66 points, or 3.86 percent, to 16.46. It did climb as high as 17.53 during the S&P 500's morning lows but moved negative even before the SPX went green.

The VIX remains above the December futures, which lost 0.45 points to finish trading at 16.05. The January futures were down 0.55 points to 17.35.

A little more than 600,000 SPX options traded on the day, with 370,000 puts. The VIX options turned over 361,000 contracts, led by 256,000 calls. The VVIX Index, which measures the implied volatility of the VIX options, was down 3.7 percent to 82.98, not far above last week's lows.
Share this article with your friends


Related Stories

VIX

Videocast: How VIX is trading Fed

July 30, 2014

As the market declines today, Group One's Jamie Tyrrell says all of the major volatility measures are rising ahead of the Fed's afternoon announcement.

VIX

VIX above 13 with stocks at lows

July 30, 2014

Equity indexes ended yesterday's session mixed but near their lows of the day, while the CBOE Volatility Index closed near its high.

VIX

Videocast: Volume falls in VIX pits

July 29, 2014

With the volatility index continuing to remain below 20, Group One's Jamie Tyrrell says volume has dropped in VIX contracts with fewer traders buying protection.

VIX

VIX, equity indexes close almost flat

July 29, 2014

The major equity indexes were mixed but essentially unchanged at the end of yesterday's session, as was the CBOE Volatility Index.

VIX

Videocast: Betting on lower volatility

July 28, 2014

Group One's Jamie Tyrrell says there was a big buyer in the Weekly puts in the ProShares Ultra VIX Short-Term Futures Note.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER