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