Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 18, 2013  Tue 2:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes were higher yesterday but off the best levels of the morning. The CBOE Volatility Index and its futures were lower.

The S&P 500 was up 12.31 points at the end of the day, closing at 1639.04. It broke above 1646 in the morning, then slumped to 1630 an hour before the close. Resistance is at 1660 and support at 1608.

The Nasdaq 100 was up 27.40 points to 2971.26. The index was as high as 2988 and above its 20-day moving average in the morning, but not for long. Resistance is at 3024 and support at 2926.

The Russell 2000 gained 6.46 points to 987.84. It traded up to--then retreated from--resistance at 990. The next level of resistance is at 1000, while support is at 968.

The VIX was down 0.35 points, or 2.04 percent to 16.80. The volatility index was as high as 17.63 an hour before the close.

The VIX futures were lower all day. The June contracts, which have only one day left to trade, finished yesterday down 0.60 points to 16.95. The July futures were down 0.50 points to 17.80. This pushed the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 2 percent to 20.38. 
Share this article with your friends


Related Stories

VIX

Videocast: Volume falls in VIX pits

July 29, 2014

With the volatility index continuing to remain below 20, Group One's Jamie Tyrrell says volume has dropped in VIX contracts with fewer traders buying protection.

VIX

VIX, equity indexes close almost flat

July 29, 2014

The major equity indexes were mixed but essentially unchanged at the end of yesterday's session, as was the CBOE Volatility Index.

VIX

Videocast: Betting on lower volatility

July 28, 2014

Group One's Jamie Tyrrell says there was a big buyer in the Weekly puts in the ProShares Ultra VIX Short-Term Futures Note.

VIX

VIX back above 12 as equities slide

July 28, 2014

Stocks fell on Friday, leaving the major equity indexes almost unchanged on the week while the CBOE Volatility Index climbed back above the 12 level.

VIX

VIX up as SPX hits another high

July 25, 2014

Equity indexes were mixed and little-changed at the end of yesterday's session, with the S&P 500 barely making new highs and the CBOE Volatility Index rising slightly.

Premium Services

Free Webinars

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER