OptionsHouse

Options Trading News

November 21, 2012  Wed 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The broad U.S. equity indexes closed mixed but basically unchanged at the end of the day.

The S&P 500 finished the day at 1387.81, up less than 1 point on the session after dropping at the open and climbing into the close. Resistance remains at 1400 and support at 1348.

The Nasdaq 100 slipped just over 1 point to close at 2594.66. It followed a similar pattern, climbing towards its highs at the close. Resistance and support remain at 2623 and 2494 respectively.

The Russell 2000 gained less than 1 point, closing at 793.81, essentially matching the morning high. Support and resistance are at 764 and 805 respectively.

All three stock indexes remain below their 20-day moving averages.

The CBOE Volatility Index was down 0.16 points, or 1.05 percent, to close at its session low of 15.08. The VIX is now in line with the 20-day historical volatility of the SPX but remains below its 10-day reading of 18.85 percent.

The November VIX futures finished trading yesterday and settle this morning. They were down 0.15 points to close at 15.10. The front-month December futures lost 0.25 points to close at 16.35. The January futures were down 0.65 points to 18 even.

More than 606,000 VIX options changed hands, led by 351,000 puts. The SPX options were just behind with 563,000 and a put/call call ratio of 2 to 1. The VVIX Index, which measures the implied volatility of the VIX options, was down 2.8 percent to 85.93, approaching the lows. 
Share this article with your friends


Related Stories

VIX

Videocast: VIX action 'wishy washy'

January 29, 2015

After the VIX soared late yesterday, Group One's Jamie Tyrrell says today's volatility trading is "wishy washy" as the pits try to decide which way the market is heading.

VIX

Videocast: April call spread in VIX

January 28, 2015

Low volumes persist in volatility trading, but Group One's Jamie Tyrrell says one trader is buying a VIX April 18/25 call ratio spread.

VIX

VIX rises as equities fall on earnings

January 28, 2015

Equity indexes lost ground after a slew of disappointing earnings reports but did finish off the lows of the session. The CBOE Volatility Index gained nearly 11 percent.

VIX

Videocast: Traders buying VIX calls

January 27, 2015

Group One's Mike Palmer says one large trader is buying VIX February 26 calls, but volume is slow because of the big storm.

VIX

Volatility falls as equities end mixed

January 27, 2015

The major equity indexes finished yesterday mixed after climbing off morning lows, while the CBOE Volatility Index fell nearly 7 percent.

OptionsHouse

Premium Services

Archived Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »