Volatility index, VIX futures up slightly
Chris McKhann | email@example.com
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.
Equities drop, send VIX above 14
September 16, 2014
Equity indexes finished yesterday in the red but were above the lows of the day. The CBOE Volatility Index posted its first close above 14 in a month.
VIX above 13 as equities pull back
September 15, 2014
Major equity indexes were lower at the end of the Friday's session, pushing the CBOE Volatility Index back above the 13 level.
Small caps lead equity rebound
September 12, 2014
The major equity indexes finished yesterday mixed but at their highs of the day after climbing off morning lows. The CBOE Volatility Index was little-changed.
VIX below 13 as equities rebound
September 11, 2014
The major equity indexes reversed morning losses to finish higher yesterday, pushing the CBOE Volatility Index back below the 13 level.
Equity pullback pushes VIX higher
September 10, 2014
Equity indexes fell yesterday, posting their lowest closes in several weeks and sending the CBOE Volatility higher.