Learn the trade here. Make it on tradeMONSTER

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

VIX drops again as equities rally

October 21, 2014

All of the major equity indexes were higher yesterday, driving the CBOE Volatility Index lower by more than 15 percent.

VIX

Videocast: Volatility quieting down

October 20, 2014

As stocks drift higher after last week's selloff, Group One's Jamie Tyrrell says the big trades today are selling October VIX calls.

VIX

VIX falls as equities close mixed

October 20, 2014

Equity indexes were mixed on Friday to finish a volatile week, while the CBOE Volatility Index dropped nearly 13 percent.

VIX

Videocast: Volatility down big today

October 17, 2014

Group One's Jamie Tyrrell says the volatility index is back down near the 20 level in today's rally, with near-term futures getting "crushed."

VIX

Videocast: November VIX calls sold

October 16, 2014

Group One's Jamie Tyrrell says traders are holding onto protection for the next few days but are selling the November VIX calls, apparently believing that volatility levels are too elevated.

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Analyzing a bipolar market

Economics hinges on the tenet that people, including investors and traders, act rationally and in their own best interests. But...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER