VIX futures question

[UVXY20]

930 am today.

the value was 23.35. Your options will expire against this value regardless of what Happens the rest of the day.

And the futures? They stay at that level no matter what?

 

[Girija]

Those that traded vxz were now be on vxf
Thre is still 51 and 21 expiring 12/23 & 12/30.
Where were you when the train left

 

[UVXY20]

Question: when they expire do they automatically roll up (or down) to the next contract, or does one roll manually?

 

[Girija]

Read doc for settlement. BTW never trade oil

 

[UVXY20]

Gotcha.

 

[newwurldmn]

And the futures? They stay at that level no matter what?

same as optiond

 

[newwurldmn]

Question: when they expire do they automatically roll up (or down) to the next contract, or does one roll manually?

no. You have to roll manually.

 

[SunTrader]

Although it is your prerogative why do you feel forced to trade something you don't understand very well.

Exactly. Enter trade then ask questions - who knew.