Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 13, 2012  Tue 1:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The CBOE Volatility Index tumbled yesterday as the equity indexes were mixed but essentially unchanged.

The S&P 500 finished the session up a scant 0.18 points to 1380.03. Support and resistance remain unchanged at 1365 and 1433 respectively.

The Nasdaq 100 was down 1.33 points to 2582.77. It has support at 2550 and resistance at 2651.

The Russell 2000 had the biggest move, losing 1.26 points to close at 793.76. Support and resistance are still 775 and 825.

The VIX retreated by 1.93 points, or 10.4 percent, to 16.68. The index fell sharply in part because the November SPX options were dropped from the calculation, leaving the December options and their lower implied volatilities.

The VIX futures did follow the index lower, however, so the drop in volatility was real. The November futures were down 1.55 points to 17.05, and the December futures fell 1.30 points to 18.30.

More than 684,000 SPX options traded, 432,000 of which were puts. The VIX options turned over 490,000 times, with 296,000 calls. The VVIX Index, which measures the implied volatility of the VIX options, was down 3.7 percent to 90.54. 
Share this article with your friends


Related Stories

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.

VIX

October VIX settlement at 15.92

October 22, 2014

The October VIX futures settled this morning at 15.92, its highest settlement in a year. The reading was a bit below the range of the spot volatility index this morning.

VIX

VIX falls to 16 as stocks rally again

October 22, 2014

The Nasdaq 100 led the equity indexes to another rally yesterday, driving the CBOE Volatility Index down to the 16 level.

VIX

VIX drops again as equities rally

October 21, 2014

All of the major equity indexes were higher yesterday, driving the CBOE Volatility Index lower by more than 15 percent.

VIX

Videocast: Volatility quieting down

October 20, 2014

As stocks drift higher after last week's selloff, Group One's Jamie Tyrrell says the big trades today are selling October VIX calls.

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