Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 19, 2012  Wed 9:12 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The settlement for the December VIX futures and options came in unexpectedly high this morning at 16.69.

The volatility index is at 16.58, up 6.4 percent on the day, which is highly unusual because the S&P 500 opened unchanged and is now down only 2 points. The VIX and the SPX typically move in opposite proportions.

The January futures, now the front-month contracts, are up 0.25 points to 16.40 and are immediately below the spot VIX. The February futures are up by the same amount to 17.35.  

The December futures finished trading yesterday at 15.55, so it had a curiously big lift to settlement this morning with no action in the SPX. And the SPX options volume is light so far at just 185,000.

Remember that the futures settlement is based on trade prices of the SPX options this morning as opposed to the spot VIX, which is derived from the midpoint of the bid/ask spread.
Share this article with your friends


Related Stories

VIX

VIX declines as equities rebound

September 17, 2014

The major equity indexes rebounded sharply yesterday, driving the CBOE Volatility Index lower by nearly 10 percent.

VIX

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

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.

VIX

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

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.

Premium Services

Free Webinars

Swing Trading w/ Jon Najarian and Ron Ianieri

Education & Strategy

Make your rules, and stick by them!

New traders often act on the recommendations of others or on gut feel. But that is a quick way to...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER