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

Video: VIX rises with call buying

May 29, 2015

With the spot volatility index higher in this market selloff, Group One's Jamie Tyrrell says traders are buying the VIX June 16 and 17 calls.

VIX

Videocast: VIX going to Weeklies

May 28, 2015

Group One's Jamie Tyrrell says new VIX Weekly options will soon replacee available, replacing the nine-day CBOE Short-Term Volatility Index (VXST) contracts.

VIX

Video: June VIX calls bought again

May 27, 2015

Even though the market has reversed course with today's rally, Group One's Jamie Tyrrell says traders are buying VIX June 18 calls for the second session in a row.

VIX

Video: Volatility measures jump

May 26, 2015

Group One's Jamie Tyrell says traders are buying June and July VIX calls with the spot index up 15 percent and the nine-day CBOE Short-Term Volatility Index (VXST) spiking 40 percent.

VIX

Video: Huge June VIX call buy

May 22, 2015

Group One's Jamie Tyrrell says one large player purchased 140,000 July 18 calls in the VIX, adding to heavy upside buying earlier in the week.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Long synthetic call

Long and short Synthetic stock are two of the six basic synthetic positions that exist. Number three on our list is the Synthetic Long Call...

View more education articles »