CBOE is proud to offer education on its volatility products. This section is an introduction to the CBOE Volatility Index VIX ® Index (the VIX ® Index), VIX® Futures and VIX® Options. VIX is a closely watched measure of market volatility by investors and traders. This important volatility gauge is updated every 15 seconds using a sampling of S&P 500 option contracts. Futures contracts on VIX are one way of taking a position in market volatility. Another way is with VIX options which are extremely popular when one has an outlook on expected volatility.
CBOE Volatility Products