new vix and code change sept22nd

  1. 1,427 Posts.
    Just a quick further reminder for the volatility literate,

    I am advised the basis of the implied volatility measures critical for option and equity playing, the VIX and VXN, will be fundamentally reset by the CBOE on September, 22nd. ..... The link below is therefore an absolute must read .

    Critically..... a smoother, simpler "New VIX" calculated on a wide base of the highly liquid S&P500 options , both in and out of the money, will assume the "VIX" code, superceding the old narrowly based OEX version.

    A somewhat lower and smoother "New" VIX signal range, will eventuate, of nearer 18-45 , rather than 19-58 , especially in capitulative episodes.

    The old VIX will continue but change to the code VXO. The Nasdaq related VXN variant also gets reconfigured.

    Importantly a large range of Tradable New VIX products will then be released .......

    http://www.cboe.com/micro/vix/faq.asp



    Regards
    Lochend.
 
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