The benchmark measure of U.S. stock options headed for its biggest six-day drop since November 2008 as concern that this month’s Japanese earthquake will curb the global economy eased. Get the full story »
Inside these posts: VIX
The Chicago Board Options Exchange said it plans to expand its volatility-index franchise, aiming to lure more traders to an area where it already leads its competition.
The exchange, part of CBOE Holdings Inc., said in a release Wednesday that it plans to list options on single-stock volatility measures and to extend the franchise to a raft of sector exchange-traded funds. The CBOE Volatility Index, or VIX, is often called the “fear index” and is the most widely followed gauge of investor expectations for stock-market swings. Get the full story »
The Chicago Board Options Exchange wants investors to measure the “fear” baked into stock options such as those of Goldman Sachs or Apple.
The exchange said Wednesday it will apply the methods of its “fear index” to options on five popular stocks, the other three being Amazon.com, International Business Machines Corp., and Google. The measure, whose formal name is the CBOE Volatility Index, or VIX, shot to fame during the financial crisis as investors sought tools to measure and trade in an anxious and plunging stock market. Get the full story »
The CBOE Futures Exchange, a subsidiary of CBOE Holdings Inc., said on Tuesday that it has changed the daily opening time for the trading of futures on the CBOE Volatility Index. VIX effective Dec. 10, pending regulatory approval. Get the full story »