OptionsHouse

Options Trading News

April 25, 2013  Thu 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were mixed at the end of the day, pushing the CBOE Volatility Index back into positive territory.

The S&P 500 finished higher by just 0.01 point at 1578.79. It had oscillated between gains and losses before climbing to 1583 with about an hour left in the session. Resistance remains at 1597 and support at 1540.

The Nasdaq 100 slipped 1.25 points to close at 2834.12, in the middle of the day's range. Resistance is at 2864 and support at 2743.

The Russell 2000 gained another 4.75 points, or 0.51 percent, to close essentially at its session high at 934.11. Resistance is at 946 and support at 900.

The VIX was up 0.13 points, or 0.96 percent, to close at 13.61. The volatility index was down at 13.36 with an hour left of trade, its lowest level in more than a week.

The May and June VIX futures were both up 0.05 points to 14.60 and 15.45 respectively. This left the iPath S&P 500 VIX Short-Term Futures Note (VXX) up fractionally at $19.04.

The VIX options were fourth on yesterday's total option list with 475,000 contracts, 342,000 of which were calls. But the VVIX Index, which measures the implied volatility of those options, was down at 84.99.
Share this article with your friends


Related Stories

VIX

VIX at highest level in 4 months

June 29, 2015

The CBOE Volatility Index is up 23.75 percent to 17.35 in midday trading, just off its intraday peak and its highest level since Feb. 11.

VIX

DRJ: Keep a close eye on volatility

June 29, 2015

As the Greek crisis intensifies, we are likely to see an explosion in volatility as widespread selling in European markets in turn pressures our indexes.

VIX

Video: Heavy July VIX call selling

June 24, 2015

After a steady stream of buying recently, Group One's Jamie Tyrrell says a trader sold 75,000 July 17 calls yesterday, and those levels are holding today.

VIX

Videocast: Cheap VIX call buying

June 23, 2015

With the volatility index down again today, Group One's Jamie Tyrrell says traders are buying July VIX calls but for much lower prices than last week.

VIX

Video: August insurance in VIX

June 22, 2015

After last week's heavy volume paused on Friday, Group One's Jamie Tyrrell says VIX call buying has resumed with traders focused on August.

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »