Learn the trade here. Make it on tradeMONSTER

Options Trading News

July 30, 2013  Tue 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes lost ground yesterday, driving the CBOE Volatility Index higher.  

The S&P 500 was down 6.32 points to close at 1685.33. That was the middle of a relatively tight range in place all day. Resistance is at 1699 and support at 1652.

The Nasdaq 100 gave up 7.27 points to finish at 3068.95. Unlike the SPX it had gains in the morning, but it too finished in the middle of its session range. Resistance is at 3091 and support at 3000.

The Russell 2000 fell 7.84 points to 1040.66. The small-cap index saw relatively steep losses in the early going. Resistance is now at 1057 and support at 1000.

The VIX was up 0.67 points, or 5.27 percent, to 13.39 after hitting 13.86 in the morning. The VIX futures followed higher, as the August contracts gained 0.20 points to close at 14.65 and the September futures rose 0.10 points to 15.95. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 1.29 percent to $15.71. 
Share this article with your friends


Related Stories

VIX

Videocast: Target 19 line in VIX

July 23, 2014

Group One's Jamie Tyrrell says traders are targeting the VIX 19 line today, selling calls in August and buying them in October.

VIX

VIX down as SPX posts new high

July 23, 2014

A broad market rally pushed the S&P 500 to a new all-time high while sending the CBOE Volatility Index lower by more than 4 percent.

VIX

Videocast: Betting on lower volatility

July 22, 2014

As the market rallies today, Group One's Mike Palmer says traders are betting that the recent pops in volatility will be short-lived.

VIX

Videocast: No panic in the VIX pits

July 21, 2014

Group One's Jamie Tyrrell says today's volatility is relatively muted even after the morning downturn, though traders are buying August and October call spreads.

VIX

VIX drops as equities bounce back

July 21, 2014

Equity indexes rebounded sharply at the end of last week, making up most of Thursday's steep losses and pushing the CBOE Volatility Index back down to the 12 level.

Premium Services

Free Webinars

Education & Strategy

How to navigate earnings season

We are embarking on one of the most frustrating times for new option traders: earnings season.Many new traders buy options,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER