January VIX futures settle at 13.69
Chris McKhann | firstname.lastname@example.org
The CBOE Volatility Index's January futures settled this morning at 13.69.
The January options that were held through expiration will be cash settled off that level. The futures closed yesterday at 14.10, well above the spot VIX reading, so traders who were short those contracts have a nice gain this morning.
The VIX popped up to 13.76 just after this morning's open but quickly pulled back and is now down 1 percent to 13.41. The now-front-month February futures are down 0.15 points to 15.65.
Video: Huge VIX call spread in focus
February 10, 2016
Group One's Jamie Tyrrell says traders are taking both sides of the VIX March 30/50 call spread, with heavy volume at yesterday's close taking it to 500,000.
Video: Big call selling in volatility index
February 9, 2016
With the market "all over the map today," Group One's Jamie Tyrrell says traders are selling the VIX February 28 calls and the March 30/40 call spread.
Video: Call buyers chase spike in VIX
February 8, 2016
Group One's Jamie Tyrrell says traders are buying February calls in the VIX amid today's market drop, targing the 25 to 29 levels.
Video: Near-term VIX calls purchased
February 5, 2016
Group One's Jamie Tyrrell says volatility traders had been looking farther out but are now picking up February 28 calls.
Videocast: Huge VIX call spread sold
February 4, 2016
As the market continues to churn, Group One's Jamie Tyrrell says today's big trade is the sale of a VIX March 30/40 call spread 115,000 times.