Learn the trade here. Make it on tradeMONSTER

Options Trading News

May 29, 2012  Tue 11:21 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The CBOE Volatility Index is up even as the S&P 500 gains, which is unusual because the two indexes typically move inversely.

The VIX was down earlier with the strong market rally, which boosted the SPX almost to 1335. But now that the S&P has pulled back 11 points from that peak level, the VIX is up more than 2 percent to 22.22 after hitting an intraday high 22.29.

Much of the rise in the VIX could have been anticipated as SPX options are repriced after the long weekend. (The volatility index is based on those options.)

The VIX futures, on the other hand, are all lower. The June and July futures are both down 0.45 to 24.10 and 25.65 respectively. VIX option volume is relatively light at 158,000 contracts.
Share this article with your friends


Related Stories

VIX

VIX at 12 as SPX, NDX hit highs

November 28, 2014

Major equity indexes finished Wednesday's session at new highs, driving the CBOE Volatility Index to the 12 level.

VIX

VIX at lowest close in two months

November 26, 2014

The major equity indexes were mixed but little-changed yesterday, while the CBOE Volatility Index fell to its lowest level in two months.

VIX

Videocast: Caution in the VIX pits?

November 25, 2014

Group One's Jamie Tyrrell dissects large VIX call buying that has continued all week, saying that today's price action indicates that traders may be getting more cautious on the market.

VIX

VIX lower as stocks keep rallying

November 25, 2014

The major equity indexes added to their gains yesterday, sending the S&P 500 and Nasdaq 100 to more new highs while pushing the CBOE Volatility Index lower.

VIX

Videocast: VIX call buyer returns

November 24, 2014

Group One's Jamie Tyrrell says a large trader continues to purchase VIX December 19 and 23 calls, though others are buying put spreads.

Premium Services

Free Webinar Series

Using Options for Income

Education & Strategy

Importance of learning the basics

Personally, I could never understand how so many option instructors start teaching strategies before explaining what an option is. I...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER