The iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) is down .11 to 22.42 today.? VXZ is trading on near-term lows.
Today 2,500 of the VXZ Mar 25 puts traded for 2.85. Average contract volume is 410 contracts per day in the name.? Open interest is over 17,000 contracts.? The trade looks to be closing (priced closer to the bid) but will have to wait for the OI report on Monday.? The implied volatility is up 1 point for March.
30-day implied volatility is 35%.?? 10-day implied volatility is 21%.? 30-day implied volatility is trading over the 10 Day Historical volatility.
The iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) seeks to follow the VIX futures in the 4-7 month range duration.