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 28.65 -0.70
VXN 35.08 -0.17
VXO 30.89 0.49
VXD 27.18 -0.53
RVX 34.26 -0.67
VIX9D 23.20 0.00
VIX3M 29.61 0.00
VIX6M 29.61 0.00
VIX1Y 30.36 0.00

Volatility Indexes on Non- U.S. Stock ETFs

Delayed Quotes
Sym Last Pt. Change
VXEFA 24.55 1.10
VXEEM 26.90 1.03
VXFXI 26.07 -0.58
VXEWZ 42.70 0.16

Volatility Indexes on Commodity-related ETFs

Delayed Quotes
Sym Last Pt. Change
OVX 47.58 3.73
GVZ 22.66 1.12
VXSLV 55.36 2.99
VXGDX 41.62 -0.16
VXXLE 45.56 1.27

Volatility Indexes on Currency-related ETFs

Delayed Quotes
Sym Last Pt. Change
EVZ 8.12 0.25

Volatility Indexes on Single Stocks

Delayed Quotes
Sym Last Pt. Change
VXAZN 53.96 -2.02
VXAPL 49.15 0.58
VXGS 36.90 0.20
VXGOG 40.73 0.25
VXIBM 31.51 1.89

Volatility of VIX

Delayed Quotes
VVIX Cboe VIX of VIX Index
Sym Last Pt. Change
VVIX 117.47 -2.12

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