Last week I heard about quite a bit of new interest in portfolio protection strategies, and on November 4 the CBOE Volatility Index® (VIX®) rose on a ninth consecutive day (a new all-time record for the VIX Index over its price history dating back to January 1990).

However, on November 7, the date before the U.S. national elections, the S&P 500® Index rose 2.2%, and the percentage changes for some key volatility indexes were as follows:

·         -16.9%             VIX                  CBOE Volatility Index

·         -14.5%             EUVIX             CBOE/CME FX Euro Volatility Index

·         -12.3%             VXEFA            CBOE EFA ETF Volatility Index

·         -10.3%             VVIX                CBOE VIX of VIX Index

·         -8.4%               GVZ                CBOE Gold ETF Volatility Index

·         2.4%                TYVIX             CBOE/CBOT 10-year U.S. Treasury Note Volatility Index

Visit<> for values and prices changes for more than two dozen more volatility indexes.


Below are price charts showing daily closing values for four volatility indexes over the past eleven trading days. It appears that FBI announcements (on Friday, October 28, and on Sunday, November 6, regarding the status of their investigations of Hillary Clinton's emails) had an impact on key volatility indexes.




To learn more about managing your portfolio with index options, please visit the Strategies<> and Education<> tabs at the CBOE website.

Qualified institutional investors also are welcome to register at<> for an upcoming Risk Management Conference hosted by CBOE –

*   RMC Asia 2016: Nov 30 - Dec 1, 2016 at the Conrad Hong Kong Admiralty, Hong Kong

*   RMC US 2017: WednesdayFriday, March 8 – 10, 2017 at the St. Regis Monarch Beach, Dana Point, California.