Learn the trade here. Make it on tradeMONSTER

Options Trading News

April 10, 2013  Wed 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes closed mixed yesterday after losing ground in the final hour, but that was still enough to push the CBOE Volatility Index back below 13.

The S&P 500 was up 5.54 points to finish the session at 1568.61. It had climbed to 1573.89 earlier in the day, its highest level since 2007, and appeared headed for an all-time closing record. Resistance is now at yesterday's high, while support is at 1540.

The Nasdaq 100 rose 18.54 points to 2804.67. It was up to 2815 an hour before the close, but even those levels didn't bring it back to last Wednesday's open. Resistance is at 2828 and support at 2745.

The Russell 2000 was down at the end of the day, giving up 2.15 points to 929.34. It had been above 934 into the last hour and remains well below where it started last week. Resistance is at 954 and support at 910.

The VIX slipped 0.35 points, or 2.65 percent, to close at 12.84. It started the day by climbing to 13.68, then fell to the day's low of 12.75 about an hour before the bell.

The April VIX futures, which have one week left to trade, lost 0.10 points to close at 13.55. The May futures also lost 0.10 points to close at 15 even. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 1.2 percent to yet another all-time closing low of 19.32.

More than 837,000 VIX options changed hands, leaving it second in total volume, as 715,000 calls dominated the action. The VVIX Index, which measures the implied volatility of those VIX options, was down fractionally to 82.04. 
Share this article with your friends


Related Stories

VIX

Videocast: Quiet returning to VIX?

October 22, 2014

Group One's Jamie Tyrrell says the VIX fell 10 percent a day for three straight sessions, the first time that has ever occurred.

VIX

October VIX settlement at 15.92

October 22, 2014

The October VIX futures settled this morning at 15.92, its highest settlement in a year. The reading was a bit below the range of the spot volatility index this morning.

VIX

VIX falls to 16 as stocks rally again

October 22, 2014

The Nasdaq 100 led the equity indexes to another rally yesterday, driving the CBOE Volatility Index down to the 16 level.

VIX

VIX drops again as equities rally

October 21, 2014

All of the major equity indexes were higher yesterday, driving the CBOE Volatility Index lower by more than 15 percent.

VIX

Videocast: Volatility quieting down

October 20, 2014

As stocks drift higher after last week's selloff, Group One's Jamie Tyrrell says the big trades today are selling October VIX calls.

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER