Learn the trade here. Make it on tradeMONSTER

Options Trading News

February 13, 2013  Wed 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes were mixed yesterday while the CBOE Volatility Index dropped again.

The S&P 500 was up 2.42 points, or 0.16 percent, to finish at 1519.43. That was off the session peak of 1522 but still a new five-year closing high. The 1522 level could provide resistance going forward, while support is now at 1495.

The Nasdaq 100 was down 12.02 points, or 0.43 percent, to 2762.62. Unlike the SPX, which was higher all day, the NDX was lower all session and ended the session just above the day's lows. It has resistance at 2780 and support at 2715.

The Russell 2000 was up 4.48 points, or 0.49 percent, to 917.52. That was just off the day's intraday peak but was an all-time closing high. It has support at 894.

The VIX was down 0.30 points, or 2.32 percent, to 12.64--just above the closing levels from mid-January. The volatility index was positive for the first half of the day but gapped lower at the bell.

The VIX futures declined as well. The February futures, which settle this morning, were down 0.45 points to 13 even. The March contracts, which are now the front-month futures, lost 0.15 points to finish trading at 14.75.

More than 701,000 VIX options changed hands yesterday, the second-highest volume on the option market. Call made up 400,000 of that activity.

The VVIX Index, which measures the implied volatility of the VIX options, was down 3 percent to 73.83. That was just above last month's all-time lows.
Share this article with your friends


Related Stories

VIX

VIX, VXST jump as equities sell off

September 23, 2014

The major equity indexes fell sharply yesterday, boosting the CBOE Volatility Index by 13 percent and the CBOE Short-Term Volatility Index by 29 percent.

VIX

Videocast: VIX quiet despite selloff

September 22, 2014

Group One's Jamie Tyrrell says big players established their positions in VIX calls last week, getting protection ahead of today's market drop.

VIX

Equities give up gains, close flat

September 22, 2014

Equity indexes gave up early gains on Friday but were little-changed at the end of the session. The CBOE Volatility Index was up slightly.

VIX

Rally drives volatility indexes lower

September 19, 2014

The major equity indexes pushed to new highs yesterday as volatility measures continued to fall. The VIX was down nearly 5 percent.

VIX

Equities slightly higher after wild ride

September 18, 2014

Equity indexes spiked lower and higher after yesterday's Federal Reserve announcement but ended the session little-changed, with slight gains.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Swing Trading w/ Jon Najarian and Ron Ianieri

Education & Strategy

Make your rules, and stick by them!

New traders often act on the recommendations of others or on gut feel. But that is a quick way to...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER