The CBOE introduces options on its gold volatility index: GVZ
The CBOE broadened our choice of volatility investments a little bit today when it introduced options on its gold volatility index GVZ. With GVZ, the CBOE has applied the same methodology that it uses for the VIX index,except it is based on the gold ETF: GLD, rather than SPX, the S&P 500 index. The GVZ index behavior is similar to the VIX index. …
