VIX slips as equities bounce back
Chris McKhann | email@example.com
The CBOE Volatility Index ended slightly lower yesterday as equity indexes regained ground.
The S&P 500 was up 5.69 points to end the day at 1752.07, just a couple of points below Tuesday's all-time closing high. It has support at 1700.
The Nasdaq 100 gained 16.32 points to finish at 3362.37. It too is just off of Tuesday's close, which in this case is a 13-year high. It has support 3250.
The Russell 2000 rose 7.92 points to 1119.85, a new closing high for the small-cap index. It has support at 1087.
(When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns. We therefore will refrain from listing any.)
The VIX was down 0.22 points, or 1.64 percent, to 13.20. The November VIX futures were down 0.25 points to close at 14.45, and the December futures fell 0.10 points to 15.45. That left the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 1.49 percent to $12.88.
VIX at 12 as SPX, NDX hit highs
November 28, 2014
Major equity indexes finished Wednesday's session at new highs, driving the CBOE Volatility Index to the 12 level.
VIX at lowest close in two months
November 26, 2014
The major equity indexes were mixed but little-changed yesterday, while the CBOE Volatility Index fell to its lowest level in two months.
Videocast: Caution in the VIX pits?
November 25, 2014
Group One's Jamie Tyrrell dissects large VIX call buying that has continued all week, saying that today's price action indicates that traders may be getting more cautious on the market.
VIX lower as stocks keep rallying
November 25, 2014
The major equity indexes added to their gains yesterday, sending the S&P 500 and Nasdaq 100 to more new highs while pushing the CBOE Volatility Index lower.
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.