Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 11, 2013  Wed 2:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes gave up a bit of ground yesterday, while the CBOE Volatility Index rose.

The S&P 500 was down 5.75 points to close at 1802.62, just off the session's lows. It has resistance at 1813 and support at 1775.

The Nasdaq 100 fell shy of 2 points to 3514.20, in the middle of a tight range in place all day. It has support at 3450. (When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns. We therefore therefore will refrain from listing any.)

The Russell 2000 dropped 10.15 points to 1119.59 as it continues to lag the other indexes and is back below its 20-day moving average. It has resistance at 1147 and support at 1100.

The VIX was up 0.42 points, or 3.11 percent, to 13.91. The volatility index recouped losses from Monday's late gap lower but then saw another big drop into yesterday's close.

The VIX futures were higher, with the December contracts finishing at 14.05 and the January futures at 14.85. That had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 0.54 percent to $45 even.
Share this article with your friends


Related Stories

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.

VIX

Videocast: VIX futures hold firm

November 21, 2014

Even after the market rallied hard this morning, Group One's Jamie Tyrrell says the VIX futures barely budged and actually moved higher later.

VIX

SPX hits new closing high; VIX slips

November 21, 2014

Equity indexes rallied again yesterday, pushing the S&P 500 to another milestone while sending the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 20, 2014

For the second day in a row, Jamie Tyrrell says a big player is buying the VIX December 19 and 23 calls in large volume but at lower prices.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Webinar Playback

eSignal "Back in Black": Multi-Speaker Free Webinar

Education & Strategy

Some things aren't what they seem

As we scan the Heat Seeker, Depth Charge, and other option-tracking systems, we sometimes see heavy activity in calls and...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER