VIX Options Expiration

VIX Options Expiration Rule

VIX options (options on CBOE Volatility Index) expire on the Wednesday that is 30 days before the third Friday of the following calendar month. If there are public holidays, the expiration is on the business day before.

Why this complicated expiration rule?

The VIX measures expected volatility of S&P500 index in the next 30 days. On the expiration date of VIX options, the VIX reflects the volatility implied in the S&P500 options that have exactly 30 days to expiration (the third Friday of the following calendar month).

VIX Options Last Trading Day

The last trading day of VIX options is on the business day before the expiration date – usually on Tuesday.

VIX Options Exercise-Settlement

VIX options are European style, which means that they can be exercised only at expiration.

VIX options are cash settled. The settlement value of VIX is determined by the so called Special Opening Quotation (SOQ), which is calculated based on opening prices of S&P500 options on VIX option expiration.

The cash is delivered on the business day following expiration.

For more information see VIX Options Settlement.

VIX Options Expiration Calendar

Here you can find VIX options expiration calendar and all-time expiration dates history.


Related pages


variance equals standard deviationusd yen etfgeometric mean return calculatorblack scholes delta calculatorsharpe ratio formula excelwhat is the formula for variance in exceldefine backwardationhow to calculate percent deviationbook on options tradingannualized return formula excelannualized return calculator exceleuropean option calculatorvix index real timesec 13fcompute the weighted average cost of capitalcalculating volatility of a stockoption delta calculationnormal distribution calculator excelsquaring negative numbersexcel standard deviation formuladef variancemacd histogram indicatorgreek calculatorn d1 calculatorcurrent djia divisorcurrent djia divisordebit call spreadblack scholes pricing model calculatoroption stradlestandard deviation calculator in excelcurrent djia divisorcost of preferred equityhow to calculate sharpe ratiocapitalization weighted indexparametric varnotepad font sizedefine sharpe ratiomarket oversoldbarclays etnshow to calculate volatility for black scholessharpes ratiocalculating moving averagescalculate exponential moving averagecalculating mean on excelsample median calculatorportfolio sharpe ratiosharpe ratio formulastd dev calcproshares leveraged etfsvixy.comcalculating averages in excelspx marketcoefficient of skewness examplenorm dist excellatest 13f filingssec 13f searchvix option strategiesfree black scholes calculatorcalculating skewwhat is squared deviationvix futures chartvix inverse etfprofit loss calculator optionspayoff put optionexcel stdev svix historical pricesvxx etfformula for average deviationoption rhoyahoo finance calculatorsvolatility index calculationreal time vix quoteblack scholes delta calculatorcalculating covariance exampleexcel stock spreadsheetmean standard deviation variance calculatorkurtosi