How to Approach VIX Options Expirations We're going to be paying attention to some of the action in volatility in options this week. And why is that? Well, volatility, the VIX options expire for August tomorrow after the close. Actually, the opening print on Wednesday. The final day of trading is tomorrow.
And they're coming together today, right? And so the VIX cash, when it gets separated from the VIX future, needs to come in and match up because once the future goes away, it becomes the present. So we're seeing a lot of that conversion happening today. The VIX future not up as much. VIX cash up a little bit stronger today. That'll end tomorrow.
And then finally, options expiration is on Friday. That's the monthly expiration for August. And that's going to bring some fireworks as well too. There are a lot of options that are in the money, a lot of call options, actually, for the past month or so. Of course, the market's been strong. So if you own call options, you might want to go ahead and exercise some of those options and get some of that stock put to you before Friday too. So that could be another firework to put some pressure up on the markets and maybe pop through that 4,300 once and for all.