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 11.10 0.07
VXN 16.75 0.46
VXO 10.45 0.40
VXD 12.76 0.18
RVX 15.74 -0.06
VXST 11.02 0.16
VIX3M 13.22 0.23
VXMT 14.94 0.10

Volatility Indexes on Non- U.S. Stock ETFs

Delayed Quotes
Sym Last Pt. Change
VXEFA 12.36 1.07
VXEEM 17.45 0.65
VXFXI 23.63 1.78
VXEWZ 34.21 2.07

Volatility Indexes on Interest Rates

Delayed Quotes
Sym Last Pt. Change
TYVIX 4.03 -0.11
SRVIX 65.85 0.27

Volatility Indexes on Commodity-related ETFs

Delayed Quotes
Sym Last Pt. Change
OVX 22.34 0.31
GVZ 11.72 0.06
VXSLV 18.30 0.23
VXGDX 23.89 0.63
VXXLE 17.72 0.37

Volatility Indexes on Currency-related Futures/ETFs

Delayed Quotes
Sym Last Pt. Change
EUVIX 7.81 -0.18
JYVIX 8.06 0.06
BPVIX 8.67 -0.17
EVZ 7.27 -0.67

Volatility Indexes on Single Stocks

Delayed Quotes
Sym Last Pt. Change
VXAZN 35.57 1.55
VXAPL 27.83 0.46
VXGS 20.32 -0.52
VXGOG 26.43 0.98
VXIBM 20.12 0.00

Volatility of VIX

Delayed Quotes
VVIX Cboe VIX of VIX Index
Sym Last Pt. Change
VVIX 98.59 -1.09

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