VIX futures all slip with volatility index
Chris McKhann | chris.mckhann@optionmonster.com
VIX:
SEE CHART
GET CHAIN
FIND STRATEGIES
The CBOE Volatility Index at the end of yesterday's trading, pushing back near the day's lows as the S&P 500 finished just off its session highs.
The VIX settled at 24.68, down 1.44 points, or 5.51 percent. The volatility index and the SPX usually move inversely.
The VIX futures remained above their lows of the morning but were all down on the day. The June futures were down 1.35 points, or 5 percent, to 25.60. The July futures fell 1.10 points to 27.35.
Just shy of 302,000 VIX options traded on the day, with calls outpacing puts by 2 to 1. The iPath S&P 500 VIX Short-Term Futures ETN (VXX) saw 129,000 options trade, with 83,000 calls.
Related Stories
VIX Videocast: Traders bet on limits in VIX
May 24, 2013
Even as the VIX rises again today, Group One's Jamie Tyrrell says large traders are selling puts and calls in positions that are looking for the volatility index to stay between 13 and 16.
VIX Stock recover early losses; VIX at 14
May 24, 2013
Equity indexes were mixed at the end of yesterday's session after recovering morning losses, quelling fears that the previous session's sharp selloff would continue. The VIX rose back above 14.
VIX Videocast: Traders selling top in VIX
May 23, 2013
With today's surge in the volatility index, GroupOne's Jamie Tyrrell says traders are selling VIX calls at the 16 and 17 levels.
VIX VIX, futures rise with market reversal
May 23, 2013
Equity indexes finally gave up some ground yesterday, pushing the CBOE Volatility Index and its futures higher. The Russell 2000 had the worst percentage loss of the equity indexes, down 1.65 percent.
VIX Videocast: Parsing huge VIX volume
May 22, 2013
GroupOne's Jamie Tyrrell breaks down today's huge volume in volatility trading after the May VIX settlement came in right at expectations.