OptionsHouse

Options Trading News

August 10, 2012  Fri 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The CBOE Volatility Index was higher for most of yesterday's session but fell into negative territory in the final minutes.

The VIX finished down 0.26 percent, or 0.04 points, to 15.28 as the S&P 500 eked out a gain of 0.04 percent to settle at 1402.80. The two indexes are inversely correlated.

The VIX futures also fell into the close. The August futures were down 1.5 percent, or 0.25 points, to 16.55. The September contracts lost 0.30 points to end the day at 18.60.
 
More than 358,000 VIX options traded, 231,000 of which were calls. The iPath S&P 500 VIX Short-Term Futures ETN (VXX) saw 174,000 contracts change hands, with puts slightly outpacing calls.

The VVIX Index, which measures the implied volatility of the VIX options, was down to a new low, below 84.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »