Hacker News new | ask | show | jobs
by spondyl 3131 days ago
Just to clarify, this is the CBOE Volatility Index?

http://www.cboe.com/products/vix-index-volatility/volatility...

1 comments

Yes. You cannot trade an index but there are financial instruments which do their best to mimic it.

VXX is an ETN that's long on the VIX. And XIV is an ETN that is short on the VIX.

ETNs have their own precautions to take into account.