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

VIX drops again as equities rally

October 21, 2014

All of the major equity indexes were higher yesterday, driving the CBOE Volatility Index lower by more than 15 percent.

VIX

Videocast: Volatility quieting down

October 20, 2014

As stocks drift higher after last week's selloff, Group One's Jamie Tyrrell says the big trades today are selling October VIX calls.

VIX

VIX falls as equities close mixed

October 20, 2014

Equity indexes were mixed on Friday to finish a volatile week, while the CBOE Volatility Index dropped nearly 13 percent.

VIX

Videocast: Volatility down big today

October 17, 2014

Group One's Jamie Tyrrell says the volatility index is back down near the 20 level in today's rally, with near-term futures getting "crushed."

VIX

Videocast: November VIX calls sold

October 16, 2014

Group One's Jamie Tyrrell says traders are holding onto protection for the next few days but are selling the November VIX calls, apparently believing that volatility levels are too elevated.

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER