February VIX contracts settle at 13.07
Chris McKhann | firstname.lastname@example.org
The February VIX settlement came in at 13.07 this morning, despite the fact that the volatility index never climbed that high.
The futures closed at 13 last night, and the VIX options that were held into expiration will be priced on that 13.07 settlement. This came as the spot index rose only up to 12.92. The VIX is now up 0.17 points to 12.81.
The March VIX futures, now the front-month contracts, are down 0.05 points to 14.75 this morning. The April futures are off 0.15 points to 15.65.
Videocast: Traders see floor in VIX
March 2, 2015
Group One's Jamie Tyrrell says traders are selling March VIX puts, apparently believing that further downside potential in the volatility index is limited.
Videocast: VIX 'cash spread' hedge
February 27, 2015
Group One's Mike Palmer explains the strategy behind a VIX "cash spread" as traders cover positions going into the weekend.
Videocast: Futures see higher VIX
February 26, 2015
Although the spot volatility index remains below 14, Group One's Dominic Savino says the March VIX futures are targeting the 16 level.
Videocast: Low short-term volatility
February 25, 2015
Although a big player is buying VIX March 23 calls, Group One's Mike Palmer says the iPath S&P 500 VIX Short-Term Futures Note (VXX) settled today near 11.
Videocast: VIX falls as Yellen talks
February 24, 2015
Group One's Mike Palmer says traders are betting on lower volatility amid speculation that the Federal Reserve will not hike interest rates before the end of the year.