Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 14, 2013  Fri 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes rebounded strongly yesterday, more than making up for Wednesday's losses as the market continues to see volatile swings.

The S&P 500 gained 23.84 points, or 1.48 percent, to close at 1636.36. It climbed steadily all day and closed just below the session high, which came right before the bell. The action brought the SPX back near Monday's open. It has support at 1600 and resistance at 1670.

The Nasdaq 100 rose 36.76 points, or 1.26 percent, to close at 2962.90. The index followed the same pattern as the SPX, and its gains more than made up for Wednesday's losses. It has support at 2910 and resistance at 3010.

The Russell 2000 had the best percentage gain of the three indexes, climbing 1.79 percent--more than 17 points--to finish at 989.69, near Monday's open. It has support at 968 and resistance at 1000.
 
The action pushed the CBOE Volatility Index down by 2.18 points, or 11.73 percent, to close at 16.41.

The June VIX futures, which have just three sessions left to trade, fell 1.50 points to 16.75. The July futures lost 0.85 points to close at 17.70. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 4.6 percent to close at 20.22. 
Share this article with your friends


Related Stories

VIX

VIX declines as equities resume rally

October 31, 2014

The major equity indexes resumed their rally yesterday after pausing in the previous session, sending the CBOE Volatility Index lower again.

VIX

Videocast: Fears of another drop

October 30, 2014

Group One's Jamie Tyrrell says traders have been buying November VIX calls are today are targeting the December 25s, fearing a repeat of the mid-October selloff.

VIX

VIX back above 15 as equities slip

October 30, 2014

Equity indexes finished yesterday lower but little-changed, with the CBOE Volatility Index closing back above the 15 level.

VIX

Videocast: Call spreads in VIX

October 29, 2014

Traders are buying VIX calls again wiith premiums still relatively low, and Group One's Jamie Tyrrell says that vertical spreads are today's most popular strategy.

VIX

Small caps lead rally; VIX below 15

October 29, 2014

Equity indexes continued to climb yesterday, reaching their best levels in about a month and pushing the CBOE Volatility Index well below 15.

Premium Services

Free Webinar Series

The 100K Challenge

Education & Strategy

Anatomy of a butterfly

One of the many esoterically named option strategies is known as a "butterfly." But don't be fooled: Like other advanced...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER