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The VIX Complex Leading Up to the Election

Trading VIX Options

Monthly and weekly expirations in VIX options are available and trade during U.S. regular trading hours and during a limited global trading hours session (8:15pm ET - 9:25am ET). Additionally, the VIX Index is calculated and disseminated overnight, providing market participants with real-time volatility information whenever news breaks.

VIX Options Analytics

Get analysis on VIX Options and the rest of the U.S.-listed options market with Cboe LiveVol analytics platforms. LiveVol’s web-based platforms provide everything you need to quickly analyze trading activity and identify opportunities.

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Settlement of VIX Derivatives

The VIX Index settlement process is patterned after the process used to settle A.M.-settled S&P 500 Index options. The final settlement value for Volatility Derivatives is determined on the morning of their expiration date (usually a Wednesday) through a Special Opening Quotation ("SOQ") of the VIX Index. By providing market participants with a mechanism to buy and sell SPX options at the prices that are used to calculate the final settlement value for Volatility Derivatives, the VIX Index settlement process is "tradable."

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Select VIX Institutional Research

The Cboe Volatility Index® (VIX® Index) is considered by many to be the world's premier barometer of equity market volatility. The VIX Index is based on real-time prices of options on the S&P 500® Index (SPX) and is designed to reflect investors' consensus view of future (30-day) expected stock market volatility. The VIX Index is often referred to as the market's "fear gauge".

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The VIX Index and Volatility-Based Global Indexes and Trading Instruments

CFA Institute Research Foundation

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A Case Study of Portfolio Diversification During the 2008 Financial Crises

University of Massachusetts

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A Practitioner's Guide to VIX

S&P Dow Jones Indices

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Reading VIX: Does VIX Predict Future Volatility?

S&P Dow Jones Indices

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VIX Your Portfolio

BlackRock

The inclusion of research not conducted or explicitly endorsed by Cboe should not be construed as an endorsement or indication of the value of any research.