VIX FUTURES contract

New contract offering, one more tool for trading.

http://www.cboe.com/common/PageViewer.asp?FILE=20030905.doc&DIR=ACNews&HEAD=CBOE+News+Releases&SEC=7


Bsulli

 

cool :eek:

 

Nice

 

Here's an interesting situation--Let's say I SELL a put in the VIX, does that mean I'm long volatility by selling premium ?:eek: This product is going to lead to a whole new game of arbitrage, time to start finding your angles gentleman !!

Vega

 

I think they are changing what they use to calculate it though.

nitro

 

I'm surprised there isn't any e-mini futures contract on the SOX index.

-FastTrader

 

Yes they are changing the calc formula. For one they will be switching from the sp100 to the sp500 which will provide a broader market picture of volatity.

Personally I think this one will catch on and be a winner of a contract.

my two(somedays American, somedays Canadian) cents worth.

Bsulli

 

I think its a winner as well. For years people have speculated as to why there hasnt been a VIX futures contract and finally with CBOE seat prices way down in the dumps, they have become more innovative in launching new products.

 

This is one of the few new products in recent years that actually adds value for the public unlike SSFs. This gives the public a chance to hedge volitility or even position in it.

The greatest thing since sliced bread or the married put.

 

Very interesting. Nearly exotics as an options trade will be trading options on options.