tradeMONSTER: Trade free for 90 days

Options Trading News

September 16, 2013  Mon 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes rebounded slightly on Friday after breaking a multi-day winning streak in the previous session, while the CBOE Volatility Index lost some ground.

The S&P 500 gained 4.57 points to close at 1687.99. It saw some morning volatility before settling into a relatively tight range. Resistance is at 1710 and support at 1628.

The Nasdaq 100 was up 2.71 points to 3178.27. It has some resistance at the high from the start of the week at 3189 and support at 3100.

The Russell 2000 roes 5.50 points to finish the week at 1053.98. It too is near its highs, with the high of 1063 as resistance and support at 1010.

The VIX was down 0.13 points to 14.16. It had been holding gains into the final minutes of the session, which was surprising given the market action and the fact that it was facing the effect of weekend time decay of the SPX options.

The September and October VIX futures were unchanged at 14.80 and 15.80 respectively. The September futures only have two days left of trading. Despite the action, the iPath S&P 500 VIX Short-Term Futures Note (VXX) was down 1.5 percent to $14.48.
Share this article with your friends


Related Stories

VIX

Videocast: VIX January calls sold

December 19, 2014

Group One's Jamie Tyrrell says traders are selling premium in the front-month VIX contracts as volatility continues to decline.

VIX

VIX retreats as equities rally again

December 19, 2014

The major equity indexes continued to rebound and recover losses yesterday, pushing the CBOE Volatility Index down more than 13 percent.

VIX

Videocast: Huge bet on lower VIX

December 18, 2014

Group One's Jamie Tyrrell says a huge trade is looking for the VIX to fall in coming weeks, selling the January 20 calls and buying the 15 puts 90,000 times.

VIX

VIX below 20 as equities rebound

December 18, 2014

Equity indexes rallied hard yesterday, accelerating higher after the Fed's policy afternoon announcement to close just off session highs. The CBOE Volatility Index fell back below the 20 level.

VIX

Videocast: Premium selling in VIX

December 17, 2014

Group One's Jamie Tyrrell says there has been "a ton" of activity in January VIX contracts, with traders selling premium heavily.

tradeMONSTER: Trade free for 90 days

Premium Services

Archived Webinar

The Art of Trading: Forgiving the Spread

Education & Strategy

Know thy Greeks!

One of the most important roles played by the Option Pricing Model is the calculation of an important family of...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER