Options Trading News

May 8, 2013  Wed 1:47 AM CT

The equity indexes were mixed yesterday, though the S&P 500 and the Russell 200 hit all-time highs once again. Interestingly, the CBOE Volatility Index was also higher.

The S&P 500 gained 8.46 points to close at 1625.96, yet another new all time high. That was just off the intraday high that came an hour before the close. There was some volatility after the open, but then it climbed to those highs. Support is 1582.

The Nasdaq 100 was down 2.5 points to close out the session at 2952.88. It set an intraday high above 2961 just after the open. Support is 2854.

The Russell 2000 gained 8.02 points to finish at 967.82, a new high for that index as well. The RUT was up all day and finished at its session high. It has support at 933.

The VIX, which usually moves inversely to the S&P 500, bucked that trend yesterday. The volatility index rose 0.17 points, or 1.34 percent, to 12.83. It remains 16 percent above its 52-week low even as the SPX continues to hit new highs.
Share this article with your friends

Related Stories


Video: VIX January calls bought

December 1, 2015

After the VIX Weekly contracts settled at 15.93 this morning, Group One's Jamie Tyrrell says traders are continuing to buy January calls to cover this month's Fed announcement.


Video: VIX call buyers loading up

November 30, 2015

Group One's Jamie Tyrrell says volatility traders are buying 15,000 VIX December 20 calls and 30,000 January 30 calls today.


Video: VIX traders sell premium

November 25, 2015

As activity slows the day before Thanksgiving, Group One's Jamie Tyrrell says traders are selling December 21 calls.


Video: Big call spreads in the VIX

November 24, 2015

After the VIX Weekly contracts settled at 16.56 this morning, Group One's Jamie Tyrrell says today's big trades are December and February call spreads.


Video: Complex January call play

November 23, 2015

As volume slows this Thanksgiving week, Group One's Jamie Tyrrel says the largest trade today is buying the January 19 calls and selling the January 24 and 26 calls.


Premium Services

Education & Strategy

In Real Estate It's All About Location!

Location, location, location... that's what they say in Real Estate. Well, if that is true, then in the stock market it's timing, timing, timing!

View more education articles »