November VIX settlement at 14.12
Chris McKhann | [email protected]
The VIX is down 0.06 to 13.33 right now. It jumped to 13.94 at the open, but this all comes with the S&P 500 higher and in a very tight 3-point range. The VIX and the SPX typically trade inversely.
It is important to remember that the futures settlement is based on the traded prices of the SPX options at the open, while the spot VIX is based on the midpoint of the bid/ask spread.