VIX Futures



 

Symbol Expiration Last Change High Low Settlement Volume
^VIX - 21.63 0.00 22.47 20.95 - -
VXZ18 12/19/2018 21.35 0.65 22.00 20.52 21.7250 85708
VX52Z18 12/26/2018 21.60 0.00 21.85 21.45 21.6750 4
VX01F19 01/02/2019 21.32 0.00 22.10 21.60 21.8250 23
VX02F19 01/09/2019 0.00 0.00 21.85 21.40 21.6250 0
VXF19 01/16/2019 20.60 0.35 21.15 20.11 20.8750 82907
VX04F19 01/23/2019 0.00 0.00 20.75 21.10 20.9000 0
VX05F19 01/30/2019 0.00 0.00 20.25 21.10 20.8250 0
(DELAYED 10 MINUTES)

VIX Futures

Introduced in 2004 on Cboe Futures Exchange (CFE), VIX futures provide market participants with the ability to trade a liquid volatility product based on the VIX Index methodology. VIX futures reflect the market's estimate of the value of the VIX Index on various expiration dates in the future. VIX futures provide market participants with a variety of opportunities to implement their view using volatility trading strategies, including risk management, alpha generation and portfolio diversification.

VIX Weeklys Futures

VIX Weeklys futures began trading on CFE in 2015 and provide market participants with additional opportunities to establish short-term VIX positions and to fine-tune the timing of their hedging and trading activities.

Weekly expirations for VIX futures are generally listed on Thursdays (excluding holidays) and expire on Wednesdays. CFE may list up to six consecutive weekly expirations for VIX futures. VIX Weekly futures generally have the same contract specifications as monthly expiring VIX contracts. See Contract Specifications for VIX Futures for more information.

VIX Market Data

Intraday    1M   3M    6M    1Y    All    
 Critical Periods   

Settlement of VIX Futures

The VIX Index settlement process is patterned after the process used to settle A.M.-settled S&P 500 Index options. The final settlement value for VIX futures and options is determined on the morning of their expiration date (usually a Wednesday) through a Special Opening Quotation ("SOQ") of the VIX Index using the opening prices of a portfolio of SPX options that expire 30 days later. The opening prices of these options are determined through Cboe's proprietary auction mechanism (Hybrid Opening System or HOSS). By providing market participants with a mechanism to buy and sell SPX options at the prices that are used to calculate the final settlement value for VIX derivatives, the VIX Index settlement process is "tradable."

Trade CFE

CFE is a designated contract market approved by the Commodity Futures Trading Commission (CFTC). It opened for trading in March 2004. CFE is an all-electronic, open access market model and all contracts traded on CFE are cleared by The Options Clearing Corporation (OCC).

CFE futures contracts (other than security futures) must be held in a futures account and can be traded either directly or through a broker.

VIX News

 


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The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-Cboe advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.

Futures trading is not suitable for all investors, and involves the risk of loss. The risk of loss in futures can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. For additional information regarding futures trading risks, see the Risk Disclosure Statement set forth in CFTC Regulation §1.55(b).

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