Vix Etf

[millionaire7]

Is there any etf for vix.

thanks.

 

[thegazelle]

No, there isn't . Stop and think for a second. What would the ETF hold?

 

[Daal]

if they create one I propose the ticker 'UP'

 

[traderyin]

Quote from thegazelle:

No, there isn't . Stop and think for a second. What would the ETF hold?

VIX futures and options? or other OTC derivatives on the index?

 

[fvmn]

Quote from thegazelle:

No, there isn't . Stop and think for a second. What would the ETF hold?

Em.. VIX futures? Loads of long option positions (CALLs and PUTs)? Long on volatility isn't such a difficult bet.

 

[Eazy E]

Quote from traderyin:

VIX futures and options?

CBOE does trade VIX futures and options:

http://www.cboe.com/micro/vix/introduction.aspx

 

[thegazelle]

They have futures and options, but nothing that follows the cash index.

 

[nazzdack]

To introduce a VIX etf right now would perfectly mark the maximum peak in volatility. That's when new contracts come about. An etf for CDS's would fall in the same category too.

 

[S2007S]

There was talk of a VIX etf not too long ago. Would be interesting. Have the underlying ETF track the exact price of the VIX, that would one fun ETF.

 

[MrDODGE]

Quote from S2007S:

There was talk of a VIX etf not too long ago. Would be interesting. Have the underlying ETF track the exact price of the VIX, that would one fun ETF.

Double inverse of the VIX would look mighty nice right now.