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April VIX contracts settle at 14.67

Chris McKhann (chris.mckhann@optionmonster.com)

The April VIX futures settled at 14.67, right in the middle of where the spot volatility index was in the first minutes of today's session.

That is the price that the April options will be based priced on. The index is now at 15.08, down 3.4 percent on the day, with the S&P 500 up 7 points right at 1850.

The May VIX futures trade at 16.25 and the June futures are at 16.50. With that the iPath S&P 500 VIX Short-Term Futures Note (VXX) is down 1.3 percent to $43.35.

The nine-day CBOE Short-Term Volatility Index (:VXST) settlement was 14.82. The spot VXST is down 0.17 points to 14.86 and was as low as 14.03 this morning.

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