#797 - Can I Buy VIX Stock?

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “Can I buy VIX stock?” No. You cannot buy VIX stock itself. It’s actually not anything that you can trade. It’s not an ETF. It’s not an underlying stock security. The VIX is an index, but you can trade options on it and you can trade derivative products that are based on the VIX. One of the derivative products that’s very popular to trade is VXX which is an ETN that tracks the rolling 30-day level of the VIX futures contracts. The problem with a lot of these is that sometimes they have little bit different pricing structures which you’ll want to investigate and learn more about. You can do that right here at Option Alpha as well. But you can’t buy the VIX directly. You can trade options on it. You can trade the VIX futures. You can trade VIX derivative products if you want. You just can’t go out and buy VIX itself. Hopefully this helps out. As always, if you guys have any questions, let me know and until next time, happy trading.

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