Learn the trade here. Make it on tradeMONSTER

Options Trading News

February 15, 2013  Fri 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed but little-changed at the end of yesterday's session as the CBOE Volatility Index dropped again.

The S&P 500 was up 1.05 points to 1521.38, another five-year closing high. It opened lower and dipped briefly to 1514, then began a steady ascent. Support is at 1495.

The Nasdaq 100 was down 2.34 points to 2771.43. The index opened at the session low and climbed into positive territory in the middle of the day but turned negative again by the close. Wednesday's high of 2783 may provide a first level of resistance, while support remains at 2715.

The Russell 2000 gained 3.18 points to finish at 923.76, just off its intraday highs but at another new all-time closing high. It has support at 894.

The VIX fell all day and finished down 0.32 points, or 2.5 percent, to 12.66. The volatility index is above Tuesday's close and a few from the middle of January. It is still higher than the 20-day historical volatility of the SPX of 7.9 percent.

The VIX March and April futures were both down 0.20 points, to 14.55 and 15.65 respectively. This left the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 1.5 percent to 22.16, another new all-time low.

More than 639,000 VIX options changed hands, dominated by 500,000 calls. The VVIX Index, which measures the implied volatility of the VIX options, was down fractionally to 72.99, just above its lifetime lows.
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