Implied Volatility (VXX) Heads Lower

Implied volatility of the S&P 500 (VIX) is lower today, with iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) falling over 6 percent. Implied volatility has fallen over 13 percent this week, as markets fears over a rapid Greek exit from the EU eased somewhat. The index is now trading at 18.78, below the psychologically important 20 handle.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
• Novavax (NVAX) 11K contracts of August 28 weekly 9 calls trade, share price up 8.8%
• BJ's Wholesale Club (BJ) call put ratio 1.3 calls to 1 put into quarter results