OptionsHouse

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

Stocks edge lower before key data

March 2, 2015

S&P 500 futures are down 0.1 percent, while most of Europe is off about 0.5 percent. Asia was mostly higher overnight, bolstered by an interest-rate cut and Chinese manufacturing numbers.

SPX

ISM data kicks off busy news week

March 2, 2015

This week brings key macroeconomic headlines from both sides of the Atlantic, starting with the Institute for Supply Management's manufacturing index today at 10 a.m. ET.

SPX

Stocks in holding pattern near highs

February 27, 2015

S&P 500 futures are down 0.15 percent but are less than a percentage point below Wednesday's peak. Most overseas markets were little-changed, aside from India, which rallied almost 2 percent.

SPX

GDP, Chicago PMI lead calendar

February 27, 2015

The Commerce Department will announce revised gross domestic product for the fourth quarter at 8:30 a.m. ET, followed by the Chicago Purchasing Managers index follows at 9:45 a.m. ET.

SPX

Futures inch higher after key data

February 26, 2015

S&P 500 futures are up about 0.1 percent ahead of key economic reports, while European markets gained about 0.3 percent on the heels of confidence numbers. Asia was strong overnight.

Invest Like a Monster - Las Vegas: March 13-14

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Recording

Turbo Charge Your Trading Profits

Education & Strategy

The Strike-Based Greeks

The other Greeks (Gamma, Vega, and Theta) are calculated by using month and strike data, and not by individual option. These are called strike-based Greeks. Gamma, Theta, and Vega are all strike-based Greeks

View more education articles »