Jump to content

VIX Options


CharlotteIG

4,974 views

We've released options for the Volatility Index. You can find them on our platform under the options tab> Indices.

Options, when buying the call/ put, are a great way to get involved in market movement whilst having limited risk. 

Dealing hours : 09:00:00 – 21:15:00 GMT Monday-Friday
Contracts offered : Currently offer the next two months (November and December) 
Expiry for monthly options : Every 3rd Wednesday of the month
Last trade : 21:15 GMT the day before expiry
Settlement : Settled basis the Special Opening Quotation (SOQ) of VIX calculated by the opening prices of the SPX constituents used to calculate the VIX index on settlement date

image.png

 

If you need any clarification on how options work, contact me through the community or give our help desk a call. 

  • Like 2

14 Comments


Recommended Comments

Have I got this right? the margin to open a vix option is a lot less than the margin to open a regular vix position. that also seems true for all options as well?

Link to comment
On 06/11/2019 at 09:59, cryptotrader said:

Have I got this right? the margin to open a vix option is a lot less than the margin to open a regular vix position. that also seems true for all options as well?

When you're buying a call/put you put down your full loss (size x price of the option) which is the premium. If the market moves in your favor you will win as much as the market moves past your break even point. Below is an example for buying a call. 

image.png

image.png

image.png

Link to comment

I only see VIX option contracts expiring in the current month and one month ahead, currently DEC and JAN, but others seem to have access to options expiring in MAR and beyond on other platforms. Will IG be offering options with later expiries in the future?

Link to comment

Are there limitations to nationality/location with this instrument?

Located in Scandinavia, and this instrument is not showing on my options list.

Link to comment
55 minutes ago, Caseynotes said:

Might be, should be halfway down the Indices list, see pic;

image.png.cb70a7d8846633e0a46d25b4d001b3a6.png

 

Just got off the phone with Scandinavian helpdesk, and for unknown reasons, we are only offered barrier options of the VIX instrument. I certainly hope that we will also be offered the vanila instrument as well in the future.

Link to comment

Hi, when will IG add more expiries for this option (3rd front month and onwards) ?

I am interested in trading this but need the 3rd front month at least..

 

Thanks

Link to comment

Hello, please can you confirm when the Vix Options market is open? It says "Market is currently not open to trade" - 15/06/2020 11:36

Link to comment
Guest Eztrader

Posted

Hi!

 

It is Friday May 7, 20:35, Austrian Time

 

VIX May contract for May Options is indicated at 19.33

June contract for June Options is indicated at  20.93

VIX Futures in the CFD account

are indicated: May  18.68 18.88      June 20.83 21.03

 

what is here WRONG?

 

 

 

 

Link to comment

There are times when the market is clearly open, but unable to trade on IG Index account. It's normally a technical issue on the IG Index side.

Link to comment

On the settlement date on option on VIX monthly future, is there a rough timeline on when we can expect the settlement to happen? I would assume the SOQ of the SPX constituents should be available before NY market opens but it's currently 10 am Eastern time on the settlement date but I still don't see my trades settled yet. 


Referring to: 

Settlement : Settled basis the Special Opening Quotation (SOQ) of VIX calculated by the opening prices of the SPX constituents used to calculate the VIX index on settlement date

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Blog Statistics

    • Total Blogs
      3
    • Total Entries
      2,822
  • Latest Forum Topics

  • Our picks

    • International Workers' Day & Early May Trading Hours
      Please be advised that our opening hours will be adjusted on 1 May 2024 for International Workers’ Day and 6 May 2024 for the UK Early May Bank Holiday. Where appropriate, the times listed are in GMT.
        • Like
    • Are these the best AI stocks to watch in May 2024?
      Microsoft, Apple, Nvidia, Amazon and Meta could be the best AI stocks to watch next month. These stocks are the largest AI stocks in the US based on market capitalisation.
    • Natural Gas Commodity Elliottwave Technical Analysis
      Natural Gas



      Mode - Impulsive 



      Structure - Impulse Wave 



      Position - Wave (iii) of 5



      Direction - Wave (iii) of 5 still in play



       



      Details:  Price now in wave iii as it attempts to breach 1.65 wave i low. Wave (iii) is still expected to extend lower in an impulse.



       



      Natural Gas is currently breaching the previous April low, marking a decisive move as the impulse initiated on 5th March continues its downward trajectory, further extending the overarching impulse wave sequence that commenced back in August 2022. This decline is anticipated to persist as long as the price remains below the critical resistance level of 2.012.



       



      Zooming in on the daily chart, we observe the medium-term impulse wave originating from August 2022, which is persisting in its downward trend after completing its 4th wave - delineated as primary wave 4 in blue (circled) - at 3.666 in October 2023. Presently, the 5th wave, identified as primary blue wave 5, is underway, manifesting as an impulse at the intermediate degree in red. It is envisaged that the price will breach the February 2024 low of 1.533 as wave 5 of (3) seeks culmination before an anticipated rebound in wave (4). This confluence of price movements underscores the bearish sentiment prevailing over Natural Gas in the medium term.



       



      Analyzing the H4 chart, we initiated the impulse wave count for wave (3) from the level of 2.012, which marks the termination point of wave 4. Notably, price action formed a 1-2-1-2 structure, with confirmation established at 1.65 and invalidation set at 2.012. The confirmation of our anticipated direction materialized as price breached the 1.65 mark, signifying a resumption of bearish momentum. Presently, there appears to be minimal resistance hindering the bears, thereby reinstating their dominance in the market. It is projected that wave iii of (iii) of 5 will manifest around 1.43, indicative of the potential for the wave 5 low to extend to 1.3 or even lower. This comprehensive analysis underscores the prevailing bearish outlook for Natural Gas in the immediate future.



       







       







       




      Technical Analyst : Sanmi Adeagbo
       
        • Like
×
×
  • Create New...
us