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2021 Cboe Exchange, Inc. All rights PaperCboe Volatility Index Contents >Introduction ........................................ ........................................ ........................................ ........................................ ..........................3 >Volatility as a tradable asset: VIX Futures & Options ........................................ ........................................ ....................................3 >Beyond the VIX Index ........................................ ........................................ ........................................ ........................................ ..........4 >Historical Prices: The VIX Index and Other Volatility Indexes ........................................ ........................................ .....................4 >The VIX Index Calculation: Step-by-Step.

replicate the precision that is commonly used by professional option and volatility traders. The time to expiration is given ... > Determine the forward SPX level, F, by identifying the strike price at which the absolute difference between the call and put prices is smallest. The call and put prices in the following table reflect the midpoint ...

  Precision, Strike

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