CBOE Crude Oil ETF Volatility Index (OVX) www.cboe.com/OVX

OVX

VIX	13.99	-0.08
OVX	22.57	-0.73
GVZ	24.90	-1.18
EVZ	9.03	-0.14
VXV	15.92	-0.08

Delayed Quotes

The CBOE Crude Oil ETF Volatility Index ("Oil VIX", Ticker - OVX) measures the market's expectation of 30-day volatility of crude oil prices by applying the VIX^® methodology to United States Oil Fund, LP (Ticker - USO) options spanning a wide range of strike prices.

Key Links

The United States Oil Fund is an exchange-traded security designed to track changes in crude oil prices. By holding near-term futures contracts and cash, the performance of the Fund is intended to reflect, as closely as possible, the spot price of West Texas Intermediate light, sweet crude oil, less USO expenses.

If you wish to create customized, up-to-date charts, please visit the Advanced Charts page

Price Charts

Updated Price Charts

CBOE Crude Oil Volatility Index (OVX) : www.cboe.com/OVX

Intraday

1 week

3 month

6 month

1 year

5 year

5 year % change vs. S&P 500 Index (SPX) *

* The S&P 500 Index (SPX) is a price index that does not include reinvested dividends.

Historic Volatility

CBOE began trading USO options on May 9, 2007. In just over a year, USO options are among the most actively traded contracts, averaging over 50,000 contracts per day, industry-wide, in Q2 2008. As shown below, USO option prices - and implied volatility levels - accurately reflect the implied volatility for front-month NYMEX WTI futures options.

More Index Charts

Link to more Index Charts

Links for More Up-to-date Price Information

Price Quotes Page
Advanced Charts

Spreadsheets with Historical Price Data

Oil VIX historical prices since May 10, 2007
Historical Daily Prices - Spreadsheet with Closing Prices for Several Indexes
Historical Month-end Prices - Spreadsheet with Closing Prices for Several Indexes
In addition, Market Data Express gives users access to more than 16 years of historical options data

If you wish to create customized, up-to-date charts, please visit the Advanced Charts page

Correlations of Daily Returns

There were three days in August 2011 in which the USO ETF fell by more than 6%, and the OVX Index rose by more than 26%.

Options Profit-and-Loss Diagrams

* In the Protective Put and Buy-write diagrams, the faint grey line represents an equity position, and the colored "hockey-stick-shaped" line represents the combined stock plus options position. For more details, please click on strategies.