OptionsHouse

Options Trading News

September 21, 2012  Fri 12:45 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The CBOE Volatility Index closed slightly higher yesterday as the S&P 500 climbed at the end of the session to finish only fractionally lower.

The VIX ended the day up 0.19 points, or 1.4 percent, to 14.07 after climbing to 14.68 at the open and then sliding to its lowest level of the session right at the close. This came as the SPX recouped intraday losses and finished the session off less than 1 point at 1460.26. The two indexes usually move inversely.

The VIX futures were higher as well, outpacing the spot index. The October and November futures were both up 0.30 points, to 16.35 and 18 respectively. The iPath S&P 500 VIX Short-Term Futures ETN (VXX) and the ProShares Trust Ultra VIX Short Fund (UVXY), which comprise those two front-month futures, posted new all-time lows yet again.

The VIX options traded 522,000 contracts, led by 395,000 calls. The VXX options changed hands about 256,000 times, with 160,000 calls. The VVIX Index, which measures the implied volatility of the VIX options, held just below 89.
Share this article with your friends


Related Stories

VIX

Videocast: Traders buying VIX puts

April 17, 2015

Even with stocks down sharply today, Group One's Jamie Tyrrell says traders are buying in-the-money VIX May 16 puts apparently in the believe that volatility will pull back.

VIX

Videocast: VIX call buyer returns

April 16, 2015

A day after the April settlement, Group One's Jamie Tyrrell says a big player is back buying the VIX May 19 and 23 calls.

VIX

Videocast: April VIX settles at 13.81

April 15, 2015

The April VIX contracts settled at 13.81 this morning, but Group One's Jamie Tyrrell says traders are now buying the May 19 and 23 calls.

VIX

Videocast: VIX on eve of expiration

April 14, 2015

On the day before the April expiration, Group One's Jamie Tyrrell says traders are focusing on the VIX 14 puts and 15 calls.

VIX

Videocast: Huge VIX June trade

April 13, 2015

Group One's Jamie Tyrrell breaks down the strategy behind a three-way cash spread in June contracts that traded 650,000 times.

Invest Like a Monster - San Diego: June 26-27

Premium Services

Education & Strategy

Investor deficiency in premium collection

Most investors have heard about selling options as a form of income generation. You hear it from brokers and financial advisors as a way to generate income without selling off pieces of your nest egg, dwindling through your retirement accounts, and then being stuck figuring out how to financially afford the rest of your life...

View more education articles »