Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 28, 2012  Wed 1:33 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Stocks slipped in the last two hours of yesterday's session, pushing the CBOE Volatility Index back into the green.

The S&P 500 climbed above 1408 twice during the session but closed lower by 7.35 points, just below 1399, apparently after comments by Democratic Sen. Harry Reid on "fiscal cliff" obstacles. The SPX is just above its 20-day moving average, while support and resistance remain at 1385 and 1410 respectively.

The Nasdaq 100 followed the same pattern, finishing the day down 10.25 points at 2641.42. Support remains at 2562 and resistance at 2700.

The Russell 2000 also fell late in the day but closed lower by only 1.28 points, finishing the day at 807.74. It has support at 790 and resistance at 826.

The VIX was up 0.42 points, or 2.71 percent, to finish at its session high of 15.92. It had dipped down to 15 around the middle of the day. The December VIX futures were up 0.50 points to 16.10, while its January futures gained 0.30 points to 17.75.

More than 550,000 VIX options traded, 358,000 of which were calls. The VVIX Index, which measures the implied volatility of those options, was up 2 percent but remains near its lows at 84.17.
Share this article with your friends


Related Stories

VIX

Videocast: Heavy VIX call buying

October 24, 2014

Group One's Jamie Tyrrell says traders are buying November calls and futures in large size, quickly driving premiums higher.

VIX

VIX slips as big rally erases losses

October 24, 2014

Equity indexes rallied sharply yesterday, erasing the losses of the previous session and sending the CBOE Volatility Index lower.

VIX

Videocast: Protection gets cheaper

October 23, 2014

Although the volatility index is dropping with today's rally, Group One's Jamie Tyrrell says traders are buying VIX protection at lower premiums.

VIX

Volatility rises as equities pull back

October 23, 2014

The major equity indexes gave up ground yesterday, and the key volatility measures reacted by moving sharply higher.

VIX

Videocast: Quiet returning to VIX?

October 22, 2014

Group One's Jamie Tyrrell says the VIX fell 10 percent a day for three straight sessions, the first time that has ever occurred.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER