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

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