Learn the trade here. Make it on tradeMONSTER

Options Trading News

July 25, 2013  Thu 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed at the end of yesterday's session, but the CBOE Volatility Index pushed higher.

The S&P 500 lost 6.45 points to close at 1685.94. It opened by climbing to 1698.38, just shy of Tuesday's record intraday high. The SPX fell from there but did finish a couple of points off the day's lows. Tuesday's high may prove to be resistance, while support is now at 1652.

The Nasdaq 100 was up 9.76 points to close at 3041.16. The index opened the day above 3060 before falling, but it did finish above the session lows. Its intraday high of 3091 from last week will likely be resistance, while support is at 3000.

The Russell 2000 declined 8.37 points to 1043.83. It jumped above 1055 at the open, then slipped below 1043 in the afternoon. Resistance is at its all-time high around 1057, while support is at 1000.

The VIX was up 0.52 points, or 4.11 percent to 13.18. The volatility index reached a high of 13.49 but fell right at the bell. It is up 9 percent from Tuesday's low, while the SPX is down less than 1 percent.

The VIX is also higher than actual volatility, as the S&P 500's 20-day historical volatility at 7.7 percent. The two indexes usually move inversely.

The VIX futures posted much smaller gains. The August futures rose 0.15 points to close at 14.80, and the September futures were up 0.05 points to 16.20. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 1.3 percent to $15.96.
Share this article with your friends


Related Stories

VIX

Videocast: Caution in VIX trading

July 31, 2014

Group One's Jamie Tyrrell says there are usually more call sellers than buyers on the first big market selloff day, but today is different.

VIX

VIX, equities rise slightly after Fed

July 31, 2014

The major equity indexes and the CBOE Volatility Index closed higher but little-changed after the Federal Reserve announced its monetary policy yesterday.

VIX

Videocast: How VIX is trading Fed

July 30, 2014

As the market declines today, Group One's Jamie Tyrrell says all of the major volatility measures are rising ahead of the Fed's afternoon announcement.

VIX

VIX above 13 with stocks at lows

July 30, 2014

Equity indexes ended yesterday's session mixed but near their lows of the day, while the CBOE Volatility Index closed near its high.

VIX

Videocast: Volume falls in VIX pits

July 29, 2014

With the volatility index continuing to remain below 20, Group One's Jamie Tyrrell says volume has dropped in VIX contracts with fewer traders buying protection.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER