Vix Etf

Is there any etf for vix.

thanks.

 

No, there isn't . Stop and think for a second. What would the ETF hold?

 

if they create one I propose the ticker 'UP'

 

VIX futures and options? or other OTC derivatives on the index?

 

Em.. VIX futures? Loads of long option positions (CALLs and PUTs)? Long on volatility isn't such a difficult bet.

 

CBOE does trade VIX futures and options:

http://www.cboe.com/micro/vix/introduction.aspx

 

They have futures and options, but nothing that follows the cash index.

 

To introduce a VIX etf right now would perfectly mark the maximum peak in volatility. That's when new contracts come about. An etf for CDS's would fall in the same category too.

 

There was talk of a VIX etf not too long ago. Would be interesting. Have the underlying ETF track the exact price of the VIX, that would one fun ETF.

 

Double inverse of the VIX would look mighty nice right now.