Learn the trade here. Make it on tradeMONSTER

Options Trading News

October 3, 2013  Thu 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed but little-changed at the end yesterday's session, but the CBOE Volatility Index surged.

The S&P 500 ended the day down just 1.13 points to close at the session high of 1693.87. It dipped down to just above 1680 in the first hour and then regained ground for most of the rest of the day. Resistance is at 1730 and support at 1630.

The Nasdaq 100 finished just 0.21 points higher at 3253.25. It dipped below 3230 and then climbed to a new 13-year intraday high of 3256 before moving sideways for the last two hours. It has support at 3150.

The Russell 200 was down 4.88 points to 1082.55, the middle of the day's range. The small-cap index peaked at 1087.39 in the afternoon, just $0.39 from its all-time high. It has support at 1040.

(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 up 1.06 points, or 6.82 percent, to 16.60. It was not far from the day's high and made gains after the bell.

The VIX futures followed suit, as the October contracts rose 0.90 points to 16.35. The November futures were up 0.65 points to finish at 16.90. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 3.17 percent to close at $14.63. 
Share this article with your friends


Related Stories

VIX

Videocast: Heavy VIX call buying

October 24, 2014

Group One's Jamie Tyrrell says traders are buying November calls and futures in large size, quickly driving premiums higher.

VIX

VIX slips as big rally erases losses

October 24, 2014

Equity indexes rallied sharply yesterday, erasing the losses of the previous session and sending the CBOE Volatility Index lower.

VIX

Videocast: Protection gets cheaper

October 23, 2014

Although the volatility index is dropping with today's rally, Group One's Jamie Tyrrell says traders are buying VIX protection at lower premiums.

VIX

Volatility rises as equities pull back

October 23, 2014

The major equity indexes gave up ground yesterday, and the key volatility measures reacted by moving sharply higher.

VIX

Videocast: Quiet returning to VIX?

October 22, 2014

Group One's Jamie Tyrrell says the VIX fell 10 percent a day for three straight sessions, the first time that has ever occurred.

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