Learn the trade here. Make it on tradeMONSTER

Options Trading News

August 9, 2013  Fri 1:51 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes yesterday regained a bit of ground lost earlier this week, driving the CBOE Volatility Index lower.

The S&P 500 rose 6.57 points to 1697.48, just above Tuesday's close. The SPX also finished just above its 10-day moving average. Resistance is at Friday's high of 1709, while support is at 1670.

The Nasdaq 100 gained 11.43 points to 3130.12, its third-highest close, behind those of Friday and Monday. The NDX bounced squarely off its 10-day moving average during the session. It has some resistance at 3145 and support at 3030.

The Russell 2000 was up 5.14 points to 1049.47, below Tuesday's close. It has resistance at 1063 and support at 1020.

The VIX was down 0.25 points, or 1.93 percent, to 12.73. That was well off session lows of the volatility index, which bounced in midday trading.

The VIX futures were lower as well. The August contracts were down 0.30 points to 13.25, while the September futures lost 0.20 points to close at 14.85. That left the iPath S&P 500 VIX Short-Term Futures Note (VXX), which comprises the two nearest-month VIX futures, down 1.56 percent to $14.41.
Share this article with your friends


Related Stories

VIX

Videocast: Heavy VIX call buying

October 24, 2014

Group One's Jamie Tyrrell says traders are buying November calls and futures in large size, quickly driving premiums higher.

VIX

VIX slips as big rally erases losses

October 24, 2014

Equity indexes rallied sharply yesterday, erasing the losses of the previous session and sending the CBOE Volatility Index lower.

VIX

Videocast: Protection gets cheaper

October 23, 2014

Although the volatility index is dropping with today's rally, Group One's Jamie Tyrrell says traders are buying VIX protection at lower premiums.

VIX

Volatility rises as equities pull back

October 23, 2014

The major equity indexes gave up ground yesterday, and the key volatility measures reacted by moving sharply higher.

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.

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