Volatility Indexes www.cboe.com/Volatility

Prices for 3 VIX
Futures are above

The Chicago Board Options Exchange® (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 12.29 0.27
VXN 13.98 0.32
VXO 12.24 0.40
VXD 12.45 0.37
RVX 16.93 0.67
VXST 11.39 0.60
VXV 16.05 0.11
VXMT 18.27 0.07

Volatility Indexes on Non- U.S. Stock ETFs

Delayed Quotes
Sym Last Pt. Change
VXEFA 14.39 0.40
VXEEM 20.67 1.61
VXFXI 22.56 0.16
VXEWZ 32.91 0.65

Volatility Indexes on Interest Rates

Delayed Quotes
Sym Last Pt. Change
TYVIX 4.41 0.01
SRVIX 80.77 -0.30

Volatility Indexes on Commodity-related ETFs

Delayed Quotes
Sym Last Pt. Change
OVX 43.89 2.32
GVZ 13.93 0.20
VXSLV 24.57 -1.21
VXGDX 41.94 0.34
VXXLE 22.22 1.39

Volatility Indexes on Currency-related Futures/ETFs

Delayed Quotes
Sym Last Pt. Change
EUVIX 6.98 -0.23
JYVIX 11.46 -0.40
BPVIX 9.96 0.63
EVZ 6.92 -0.12

Volatility Indexes on Single Stocks

Delayed Quotes
Sym Last Pt. Change
VXAZN 21.78 1.00
VXAPL 22.29 1.77
VXGS 24.47 1.41
VXGOG 16.40 0.50
VXIBM 23.45 0.37

Volatility of VIX

Delayed Quotes
Sym Last Pt. Change
VVIX 90.40 1.18

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 the 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