January VIX futures settle at 13.69
Chris McKhann | firstname.lastname@example.org
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.