View source for CBOE Options on iPath S&P 500 VIX Mid-Term Futures Index ETN

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Options on the iPath® S&P 500® Mid-Term VIX® Futures Index [[ETN]] (VXZ) were introduced for trading at [[CBOE]] on May 28, 2010. 

The [[VXZ]] [[ETN]] is based on The S&P 500 VIX Mid-Term Futures™ Index, which is designed to provide access to equity market volatility through [[CBOE Volatility Index]]® ("VIX") futures. Specifically, the S&P 500 VIX Mid-Term Futures™ Index offers exposure to a daily rolling long position in the fourth, fifth, sixth and seventh month [[VIX]] futures contracts and reflects the implied volatility of the S&P 500® Index five months later. The Index futures roll continuously throughout each month from the fourth month VIX futures contract into the seventh month VIX futures contract. 

[[CBOE]] simultaneously introduced trading in [[CBOE Options on the iPath® S&P 500® VIX® Short-Term Futures Index ETN]]. 

Important information about the [[VXX]] and VXZ [[ETN]]s is contained in the Prospectus for VXX and VXZ. 

More information on VXX can be obtained at http://www.cboe.com/micro/vxz/introduction.aspx.
== References ==
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[[Category:CBOE]]
[[Category:Futures]]
[[Category:CBOE Futures Contracts]]
[[Category:S&P]]
[[Category:Options]]
[[Category:Indices]]
[[Category:Indexes]]