OptionsHouse

Options Trading News

September 5, 2013  Thu 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes rallied for a second straight session yesterday, while the CBOE Volatility Index fell back below 15.

The S&P 500 was up 13.31 points, or 0.81 percent,  to close at 1653.08. It climbed throughout the morning and hit a session high just shy of 1656 in the early afternoon. Resistance is at 1670 and support at 1630.

The Nasdaq 100 climbed 32.78 points, more than 1 percent, to 3124.54. That is the NDX's highest close since Aug. 14, the day after it hit a 13-year high. Resistance remains at 3149 and support at 3030.

The Russell 2000 was up 9.32 points, or 0.92 percent, to 1025.58. The small-cap index is right back up to its 10-day moving average but still below the 20-day line. Resistance is at 1055 and support at 1000.

The VIX was down 0.73 points, or 4.39 percent, to 15.88. The volatility index hit a low of 15.77 right at noon, then climbed until giving up ground right after the bell.

The VIX futures lost much less. The September futures fell 0.15 points to close at 16.70. The October futures slipped 0.10 points to 17.55. That had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 0.43 percent to $16.34.
Share this article with your friends


Related Stories

SPX

Stocks higher amid busy calendar

September 3, 2015

S&P 500 futures are up 0.4 percent, while most of Europe has risen about 1 percent. Mumbai and Hong Kong led moves in Asia, up 1 percent and down 1 percent respectively.

SPX

ECB, job claims, ISM services due

September 3, 2015

The European Central Bank leads a busy economic calendar today. Policy-makers in Frankfurt issue their statement at 7:45 a.m. ET, followed by a press conference 45 minutes later.

SPX

Stocks hold gains after ADP report

September 2, 2015

S&P 500 futures remained up 0.8 percent after private-sector job growth missed estimates by a narrow margin. Europe rose fractionally and Asia was unusually calm.

SPX

ADP payrolls lead busy calendar

September 2, 2015

ADP's report is due at 8:15 a.m. ET and is expected to show the creation of 203,000 jobs in August, up from the a gain of one month earlier.

SPX

Momentum sellers hammer market

September 1, 2015

S&P 500 futures have plunged 1.8 percent but have been trying to rebound in the last two hours. Europe is down 2 percent while Tokyo cratered almost 4 percent overnight.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Options Academy: On Options Strategies in General

Before we hop into the different option strategies, I have a few thoughts for you to remember concerning the strategies and our use of them.

View more education articles »