Introduction to VIX Options
In 2006, options on the CBOE Volatility Index® (VIX®) began trading on the Chicago Board Options Exchange. The VIX options contract is the first product on market volatility to be listed on an SEC-regulated securities exchange. Many investors consider the VIX Index to be the world's premier barometer of investor sentiment and market volatility, and VIX options are very powerful risk management tools.
VIX options now begin trading at 2:00 a.m. Central time (Chicago time). Please visit the Extended Trading Hours webpage for more details.