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: Volatility spike in VXST

October 1, 2014

Group One's Mike Palmer says the nine-day CBOE Short-Term Volatility Index (VXST), which was below the 10 level a month ago, settled today at 17.20.

VIX

VIX above 16 as stocks end mixed

October 1, 2014

The major equity indexes finished yesterday mixed while the CBOE Volatility Index continued higher, rising back above the 16 level.

VIX

Videocast: No panic for near term

September 30, 2014

Group One's Jamie Tyrrell says the nine-day CBOE Short-Term Volatility Index (VXST) is tumbling as Weekly contracts expire.

VIX

Equities close red but well off lows

September 30, 2014

Equity indexes closed in negative territory yesterday but were well off their lows. The CBOE Volatility Index finished just shy of 16.

VIX

Videocast: October VIX calls sold

September 29, 2014

Although volatility has risen with the market swings of the last week, Group One's Jamie Tyrrell says today's big trading is selling October VIX calls.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

How Can Equity Traders Beat the Algos

Education & Strategy

When to go in or out of the money

Some of our subscribers recently asked how to gauge positions that are in or out of the money, so I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER