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: VIX call buyer returns

November 24, 2014

Group One's Jamie Tyrrell says a large trader continues to purchase VIX December 19 and 23 calls, though others are buying put spreads.

VIX

Rally pushes VIX below 13 level

November 24, 2014

Equity indexes closed Friday off its best levels of the morning but still at new highs, pushing the CBOE Volatility Index below the 13 level.

VIX

Videocast: VIX futures hold firm

November 21, 2014

Even after the market rallied hard this morning, Group One's Jamie Tyrrell says the VIX futures barely budged and actually moved higher later.

VIX

SPX hits new closing high; VIX slips

November 21, 2014

Equity indexes rallied again yesterday, pushing the S&P 500 to another milestone while sending the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 20, 2014

For the second day in a row, Jamie Tyrrell says a big player is buying the VIX December 19 and 23 calls in large volume but at lower prices.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Playback

eSignal "Back in Black": Multi-Speaker Free Webinar

Education & Strategy

Some things aren't what they seem

As we scan the Heat Seeker, Depth Charge, and other option-tracking systems, we sometimes see heavy activity in calls and...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER