Learn the trade here. Make it on tradeMONSTER

Options Trading News

January 29, 2013  Tue 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The major equity indexes were mixed at the end of yesterday's session, but the CBOE Volatility Index and its futures jumped.

The S&P 500 closed at 1500.18, down 2.78 points from from Friday's five-year high but off the session lows. The index could see some resistance at Friday's high just above 1503, while support remains at 1470.

The Nasdaq 100 was up 5.70 points to 2742.43 but closed below the day's highs. The index also remains below levels of a week ago. Support and resistance remain at 2704 and 2770 respectively.

The Russell 2000 was up 1.47 points to 906.71 after climbing to 907.91 shortly before the bell. Those are new all-time highs for the small-cap index. Support remains at 880.

The VIX was up 0.68 points, or 5.28 percent, to 13.57. Its February futures gained 0.50 points to close at 14.60, while the March contracts were up 0.15 points to 15.30. This pushed the iPath S&P 500 VIX Short-Term Futures ETN (VXX) higher by 2.7 percent to 23.57.

The VIX options traded just shy of 296,000 contracts, light compared with the recent action, though calls did outpace puts by 2 to 1. That had the VVIX Index, which measures the implied volatility of the VIX options, up 1.6 percent to 78.16 but still near lows.
Share this article with your friends


Related Stories

VIX

VIX at lowest close in two months

November 26, 2014

The major equity indexes were mixed but little-changed yesterday, while the CBOE Volatility Index fell to its lowest level in two months.

VIX

Videocast: Caution in the VIX pits?

November 25, 2014

Group One's Jamie Tyrrell dissects large VIX call buying that has continued all week, saying that today's price action indicates that traders may be getting more cautious on the market.

VIX

VIX lower as stocks keep rallying

November 25, 2014

The major equity indexes added to their gains yesterday, sending the S&P 500 and Nasdaq 100 to more new highs while pushing the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 24, 2014

Group One's Jamie Tyrrell says a large trader continues to purchase VIX December 19 and 23 calls, though others are buying put spreads.

VIX

Rally pushes VIX below 13 level

November 24, 2014

Equity indexes closed Friday off its best levels of the morning but still at new highs, pushing the CBOE Volatility Index below the 13 level.

Premium Services

Free Webinar Series

Using Options for Income

Education & Strategy

Importance of learning the basics

Personally, I could never understand how so many option instructors start teaching strategies before explaining what an option is. I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER