Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 20, 2013  Fri 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Major equity indexes were mixed but little-changed at the end of yesterday's session as the CBOE Volatility Index continued to decompress.

The S&P 500 was down 3.18 points to 1722.34. It slid lower for most of the day and then moved sideways for the final two hours. It has support at 1680.

The Nasdaq 100 was up 6.30 points to finish at 3237.61, another 13-year high. Support is 3150.

The Russell 2000 lost 1.70 points to close at 1075.27. It has support at 1040.

(When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns, so I will refrain from listing them.)

The VIX fell along with the SPX as the two indexes again bucked their usual inverse relationship. The volatility index was down 0.43 points, or 3.16 percent, to 13.16. That was its lowest close in more than a month and came even as the 20-day actual volatility for the SPX remains at 10 percent.

The VIX futures were mixed, with the October contracts up 0.05 points to 14.75 and the November futures flat at 15.90. Despite that, the iPath S&P 500 VIX Short-Term Futures Note (VXX) was down fractionally to $13.58, another all-time closing low. 
Share this article with your friends


Related Stories

VIX

Videocast: Cheap VIX protection

September 2, 2014

As the volatility index continues to stay in the low teens, Group One's Jamie Tyrrell explains how traders are buying protection through the VIX in three ways.

VIX

VIX slips as stocks hit new highs

September 2, 2014

Equity indexes climbed to new highs on Friday to close out another week of gains as the CBOE Volatility Index slipped back below the 12 level.

VIX

Why volatility index isn't 'broken'

September 1, 2014

For months there has been lots of talk about complacency and the "broken" CBOE Volatility Index, but both discussions are misguided.

VIX

Videocast: VIX pits quiet down

August 29, 2014

Despite persistent geopolitical issues, Group One's Jamie Tyrrell says volatility trading is slow ahead of the three-way weekend.

VIX

VIX above 12 as equities rebound

August 29, 2014

Equity indexes finished yesterday lower but regained much of the ground lost early in the session. The CBOE Volatility Index rose back above the 12 level but was well off its high of the day.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

It's all skewed up

Most new option traders know little about implied volatility, and learn the hard way. Today we want to help you...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER