The Jan VIX Future settles 23.64 for the high tick of the day. Who knew?
The VIX settlement price is always a hot topic on the Option Pit Report. The Tuesday before VIX settlement is a little game about how the cash will price the expiring future contract. This expiration was no exception. The January VIX contract settled at the high point for the day at 23.64. Take a look at the VIX intraday chart below in the “burst” of opening volatility. The index was in a real hurry to print up and spent the rest of the day melting down.
charts by www.Livevolpro.com
