Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 12, 2013  Thu 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes ended yesterday mixed, while the CBOE Volatility Index and its futures tumbled again.

The S&P 500 was up 5.14 points to close at its session high of 1689.13. It was negative for the first couple of hours before climbing out of its hole. It has resistance at 1700 and support at 1627.

The Nasdaq 100 was down 5.21 points to 3179.86. It dipped to 3160, weighed down by Apple, but also closed at its high of the day. The NDX has resistance at Tuesday's high of 3189 and support at 3060.

The Russell 2000 was off 0.38 points to 1055.34, the middle of its range for the day. The small-cap index has resistance at its high of 1063 and support at 1010.

The VIX fell 0.71 points, or 4.89 percent, to close at the session low of 13.82. The 20-day actual  volatility of the S&P 500 is still above 11 percent, so the VIX's premium is quite low.

The VIX futures followed lower. Both the September and October futures were down 0.6 to 14.55 and 15.75 respectively. That had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 3.18 percent to $14.47. 
Share this article with your friends


Related Stories

VIX

VIX falls as Nasdaq 100 hits highs

August 19, 2014

Equity indexes rallied sharply yesterday as the Nasdaq 100 hit a new 13-year high, while volatility expectations continued to recede.

VIX

Videocast: Buyers before Ukraine news

August 15, 2014

Group 1's Mike Palmer says traders positioned for volatility to climb early and turned a quick profit after fighting broke out in Ukraine.

VIX

Videocast: Smaller moves priced in

August 14, 2014

Group 1's Jamie Tyrrell says traders are selling calls and puts in the volatility index, looking for the market to drift in the near term.

VIX

Videocast: VIX hammered below 13

August 13, 2014

Group 1's Jamie Tyrrell says traders are removing bets that volatility will increase in the near term.

VIX

Videocast: VIX traders going both ways

August 12, 2014

Group One's Jamie Tyrrell says traders are selling both the upside and downside with the volatility index little changed.

Premium Services

Education & Strategy

Repairing losers with ratio spreads

Last week we mentioned the "stock repair strategy." This week is a good time to follow up, given the action...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER