VIX Futures



 

Symbol Expiration Last Change High Low Settlement Volume
^VIX - 12.09 0.00 13.12 12.02 - -
VX17J19 04/24/2019 13.00 0.00 0.00 0.00 13.0000 0
VX18K19 05/01/2019 13.80 0.00 0.00 0.00 13.3750 0
VX19K19 05/08/2019 13.75 0.00 0.00 0.00 13.6750 0
VX20K19 05/15/2019 0.00 0.00 0.00 0.00 14.0500 0
VXK19 05/22/2019 14.50 0.00 0.00 0.00 14.4250 0
VX22K19 05/29/2019 14.60 0.00 0.00 0.00 14.9750 0
VXM19 06/19/2019 15.55 0.00 0.00 0.00 15.5750 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

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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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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).