Volatility Indexes www.cboe.com/Volatility

The Cboe Global Markets® (Cboe®) calculates and updates the prices of several volatility indexes that are designed to measure the market's expectation of future volatility implied by options prices.

Cboe's volatility indexes are key measures of market expectations of volatility conveyed by option prices. The indexes measure the market's expectation of volatility implicit in the prices of options. The indexes are quoted in percentage points, just like the standard deviation of a rate of return, e.g. 19.36. Cboe disseminates the index values continuously during trading hours. The indexes are leading barometers of investor sentiment and market volatility relating to listed options.

Volatility Indexes

Volatility Indexes on U.S. Stock Indexes

Delayed Quotes
Sym Last Pt. Change
VIX 24.03 1.90
VXN 31.87 2.01
VXO 22.51 3.36
VXD 25.41 2.06
RVX 32.79 1.69
VIX9D 21.89 3.01
VIX3M 29.17 1.12
VIX6M 30.79 0.88
VIX1Y 30.81 0.61

Volatility Indexes on Non- U.S. Stock ETFs

Delayed Quotes
Sym Last Pt. Change
VXEFA 20.68 0.60
VXEEM 24.78 0.64
VXFXI 25.58 -0.51
VXEWZ 43.39 1.13

Volatility Indexes on Commodity-related ETFs

Delayed Quotes
Sym Last Pt. Change
OVX 37.50 1.76
GVZ 27.48 3.59
VXSLV 74.69 -0.51
VXGDX 51.59 2.98
VXXLE 41.04 1.17

Volatility Indexes on Currency-related ETFs

Delayed Quotes
Sym Last Pt. Change
EVZ 7.84 0.18

Volatility Indexes on Single Stocks

Delayed Quotes
Sym Last Pt. Change
VXAZN 37.89 -0.08
VXAPL 43.53 1.24
VXGS 34.76 1.20
VXGOG 30.13 1.06
VXIBM 27.78 2.34

Volatility of VIX

Delayed Quotes
VVIX Cboe VIX of VIX Index
Sym Last Pt. Change
VVIX 118.34 7.21

Futures and Options on Cboe's Volatility Indexes

Listed options on volatility indexes are offered for trading on Cboe, while futures on volatility indexes are traded at the Cboe Futures Exchange (CFE).

Futures and options on Cboe's volatility indexes have several features that distinguish them from most equity and index options. Here are unique features of VIX options:

  • Pricing Based on Forward VIX Value
  • Pricing Can Be Different for a Number of Reasons
  • Wednesday Settlement
  • Special Opening Quotation Price
  • High Volatility of Volatility

Volatility-related Indexes