Learn the trade here. Make it on tradeMONSTER

Options Trading News

October 4, 2012  Thu 1:15 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
The CBOE Volatility Index and its futures slipped yesterday.

The VIX finished the day at 15.43, down 0.28 points, or 1.8 percent. That was about the in middle of a relatively tight range for the day, while the S&P 500 gained 5.24 points to close at 1450.99. The two indexes usually move inversely.

The SPX is now back above its 20-day moving average, closing above that line for the first time in more than a week. It still faces resistance at 1460 while having support around 1430.

The Nasdaq 100 was up just shy of 20 points to close at 2818.84, remaining below its 20-day moving average. It has resistance at that level and at 2823, with support at 2768.

The Russell 2000 was down on the day, giving up just less than 2 points to close at 838.78. The small-cap index saw a late-afternoon bounce remained in negative territory below its 20-day moving average. It has resistance at 856 and support at 832.

The VIX futures were down with the spot volatility index. The October futures fell 0.15 points to 16.45, while the November contracts lost 0.10 points to close at 17.85.

More than 479,000 VIX options traded on the day, with 286,000 calls. The SPX options turned over 474,000 times, with puts outpacing calls by 2 to 1.

The VVIX Index, which measures the implied volatility of the VIX options, fell 3 percent to 87.56 and is back near its lows.
Share this article with your friends


Related Stories

SPX

Futures slip as market awaits news

July 28, 2014

S&P 500 futures are down about 0.1 percent, while Europe is mixed. Shanghai gained more than 2 percent ovenright after Chinese data showed industrial profit growth almost doubling in June.

SPX

Pending home sales lead calendar

July 28, 2014

The economic calendar begins slowly this week but grows increasingly busy. The main data report today is pending home sales at 10 a.m. ET.

SPX

Futures lower after Amazon misses

July 25, 2014

S&P 500 futures and Nasdaq 100 futures are slightly lower with the e-commerce giant down more than 10 percent. European trading is mixed, while Asian bourses were mostly higher overnight.

SPX

Quiet calendar before busy week

July 25, 2014

The only economic headline is Germany's Ifo survey of business conditions ahead of a full calendar next week. AbbVie, LyondellBassell, Tyco, Vodafone, and Xerox issue quarterly results today.

SPX

Earnings, data send stocks higher

July 24, 2014

Stocks are poised to set new records today, fueled by strong earnings and economic data. Investors are specifically reacting to blowout numbers from Facebook and strong global manufacturing numbers.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Education & Strategy

How to navigate earnings season

We are embarking on one of the most frustrating times for new option traders: earnings season.Many new traders buy options,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER