So far there have been only three such monthly expirations (February 2008, March 2014, March 2019), plus a few irregular weekly expirations every year. 19 September 2012 Expiration day (final settlement): Tuesday 19 March 2019 The paper also compared the value of the VIX at settlement with its value as calculated from S&P 500 options right after the settlement, and showed the two tend to diverge. Why: April 2019 S&P500 option expiration was on Thursday 19 April due to Good Friday holiday. Effective Monday, October 26, 2020, the Chicago Futures Exchange (a subsidiary of the Chicago Board Options Exchange) is changing the settlement time for the VIX futures contracts in which the Fund invests from 4:15 p.m. (Eastern Time) to 4:00 p.m. (Eastern Time). 16 July 2014 24 November 2020 (Tuesday, due to Christmas Day on Friday 25 December 2020) Get CBOE Volatility Index (.VIX:Exchange) real-time stock quotes, news and financial information from CNBC. 22 August 2007 Below you can find VIX futures and options expiration calendar for 2020 and 2021, as well as full VIX expiration dates history (2004-2019) and explanation of VIX expiration rules. 20 August 2014 16 March 2016 The holidays always affect the VIX expiration 30 days prior. 16 December 2020. shall not be made the basis for any claim, demand or cause for action. You will notice that some months are missing in the early years. 18 December 2013, 22 January 2014 18 July 2007 First weekly VIX expiration was on 5 August 2015. 27 February 2018 (Tuesday, due to Good Friday) Leverage can work against you as well as for you. 20 May 2020 The first VIX quote of the day is usually at least a minute after opening. 15 June 2005 1 December 2015 (Tuesday, due to New Year’s Day on Friday) The VIX is the ticker symbol of the Cboe Volatility Index, which is a real-time market estimate of the expected volatility in the stock market. 17 July 2019 21 May 2008 Last trading day: Friday 15 February 2008 19 September 2018 The VIX Index is calculated between 2:15 a.m. and 8:15 a.m. and between 8:30 a.m. and 3:15 p.m. All times referenced are Chicago time. Send me a message. VIX options time sensitivity: VIX Index is the most sensitive to volatility changes, while VIX futures with further settlement dates are less sensitive. 22 October 2008 ... Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. 19 March 2008 Orders pertaining to VIX settlement must be entered by 9am Eastern time. Cboe data is compiled for the convenience of site visitors and is furnished without responsibility 18 April 2018 24 December 2019 (Tuesday, due to Christmas Day on Wednesday) 21 December 2005, 18 January 2006 The first VIX quote of the day is usually at least a minute after opening. Instead, your P/L is determined by where 30-day implied volatility is expected to be on VIX settlement day, which is represented by the corresponding VIX futures price. 14 March 2017 (Tuesday, due to Good Friday) obtained from sources believed to be reliable, but accuracy is not guaranteed. 23 February 2016 (Tuesday, due to Good Friday) 16 July 2008 17 February 2010 19 March 2019 (Tuesday – see notes at the bottom of page) 31 December 2019 (Tuesday). 18 March 2014 (Tuesday – see notes at the bottom of page) The usual cause is Good Friday, for weekly expirations possibly also 4 July, Christmas Day and New Year’s Day, which may fall on a Friday in some years. The sticky quality has recently proved popular, overshadowing concerns about structural problems in the VIX … It takes less than a minute. The VRO settlement value comes from a … for accuracy and is accepted by the site visitor on the condition that transmission or omissions 22 July 2009 1 December 2015 (Tuesday), 20 January 2016 18 July 2012 Harness it to seek diversification, hedge or capitalize on volatility or efficiently generate income. Any information may be inaccurate, incomplete, outdated or plain wrong. The dates listed here are always the expiration (= final settlement) dates = usually Wednesdays. 21 December 2016, 18 January 2017 20 July 2011 22 August 2018 Volatility is a vague concept that relates to the degree of variation in the price of a tradable asset over a period of time for most people.. 18 June 2008 By remaining on this website or using its content, you confirm that you have read and agree with the Terms of Use Agreement just as if you have signed it. options with Friday expirations are used to calculate the VIX Index. 20 December 2017, 17 January 2018 Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Last full trading day: Monday 18 March 2019 View stock market news, stock market data and trading information. The Chicago Board Options Exchange Volatility Index is a popular measure of the implied volatility of S&P 500 index options. 19 June 2019 The last full trading day is always the day before = usually Tuesdays. Seek to capitalize on upward and downward market moves. 17 December 2014, 21 January 2015 The SOQ is calculated using opening prices of constituent SPX or SPX Weeklys options that expire 30 days after the relevant VIX expiration date. 17 February 2016 20 August 2008 31 December 2019 (Tuesday, due to New Year’s Day on Wednesday) SPX settlement day - the third Friday of the month, and “weekly” SPX options are deemed to expire at the close of trading (i.e., 4:00 p.m. 17 June 2015 18 March 2015 16 October 2013 20 October 2021 17 April 2019 The VIX Index is calculated between 2:15 a.m. CT and 8:15 a.m. CT and between 8:30 a.m. CT and 3:15 p.m. CT. 1 December 2020 (Tuesday, due to New Year’s Day on Friday). 17 October 2018 16 March 2011 The exercise-settlement value for VIX options (Ticker: VRO) is a Special Opening Quotation (SOQ) of … Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. The sticky quality has recently proved popular, overshadowing concerns about structural problems in the VIX … 15 June 2016 20 November 2019 22 July 2020 If you don't agree with any part of this Agreement, please leave the website now. The final settlement date for a contract with the 'VX' ticker symbol is on the Wednesday that is 30 days prior to the third Friday of the calendar month immediately following the month in which the contract expires. 16 November 2005 19 August 2009 17 August 2016 The expiration of VIX options is 30 days before the expiration of S&P500 options – 30 days before the third Friday of the following calendar month – usually Wednesday, unless there is public holiday. Click here for details. 20 September 2017 Often referred to as the investors’ fear gauge, the VIX Index is considered the first barometer of the equity market volatility by most market participants. 18 August 2021 17 October 2012 22 March 2006 15 April 2020 Assuming the VIX calculation time is 8:30 a.m., the time to expiration in minutes for the 16-day option will be the number of minutes within 8:30 a.m. today and 8:30 a.m. on the settlement … 20 July 2016 18 September 2013 The final settlement value for VIX futures is disseminated using the ticker VRO. Often referred to as the investors’ fear gauge, the VIX Index is considered the first barometer of the equity market volatility by most market participants. The Agreement also includes Privacy Policy and Cookie Policy. 18 June 2014 18 November 2020 The CBOE reports that trading hours are: 9:30am to 4:15pm Eastern time, but in reality, the options do not trade until after the first VIX “print”-when the VIX value in calculated from the first SPX options transactions. Irregular weekly VIX expirations in 2020: 10 March 2020 (Tuesday, 30 days before weekly S&P500 option expiration on Thursday 9 April 2020, one day earlier than usual due to Good Friday holiday on 10 April 2020) Weekly VIX futures started trading on 23 July 2015. The VIX is the ticker symbol of the Cboe Volatility Index, which is a real-time market estimate of the expected volatility in the stock market. 17 May 2006 22 May 2013 In the expiration calendars and history on this page, there is a notice whenever an expiration is irregular and not a Wednesday (typically due to holidays). The CBOE reports that trading hours are: 9:30am to 4:15pm Eastern time, but in reality, the options do not trade until after the first VIX “print”-when the VIX value in calculated from the first SPX options transactions. Expiration day (final settlement): Tuesday 19 February 2008 19 December 2007, 16 January 2008 18 November 2009 Full monthly expiration cycle starts in October 2005 (the last gap is September 2005). If the VIX expiration Wednesday falls on a holiday, the expiration will shift to Tuesday. Source: OCC, www.theocc.com/Clearance-and-Settlement/Expiration-Calendars. 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