Learn the trade here. Make it on tradeMONSTER

Options Trading News

October 23, 2013  Wed 1:16 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes again pushed to new highs, though the CBOE Volatility Index and its futures were higher as well.

The S&P 500 was up 10.01 points to 1754.67, yet another record close. The SPX also hit a new intraday high of 1759.33 in the morning. It has support at 1700.

The Nasdaq 100 was up 5.75 points to close at 3366.93 after posting an intraday high of 3384.35. Those were both the index's highest levels in 13 years. It has support at 3250.

The Russell 2000 was up 3.15 points to 1115.63, also a new record high. The small-cap index also reached at a new intraday high of 1121.53. 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 up 0.17 points to 13.33 after climbing to 13.92 in the morning. It remains in line with the 20-day historical volatility of the S&P 500.

The VIX futures were also mostly higher at the end of the day. The November and December futures were both up 0.05 points to close at 14.65 and 15.55 respectively. That had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 0.31 percent to $13 even.
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