ProShares’ competitors to Barclays’ VXX and VXZ now have options available on them. With VIXY’s and VIXM’s average daily volumes of 50K and 10K respectively it seems premature, but I guess if you are going to compete with the market leader you need all the pieces. It will be interesting to see how wide the bid/ask spreads will be on these options.
NEW OPTIONS CLASSES – CBOE (C)
|UNDERLYING SECURITY NAME||STOCK SYMBOL|
|ProShares VIX Mid-Term Futures ETF||VIXM|
|ProShares VIX Short-Term Futures ETF||VIXY|
For a full list of all volatility ETNs and ETFs see here.