VXN (CBOE Nasdaq Volatility Index)

The CBOE Nasdaq Volatility Index (VXN) is a volatility index based on the Nasdaq-100 Index. It is calculated and published by the Chicago Board Options Exchange (CBOE). The VXN is a measure of the implied volatility of the Nasdaq-100 Index, which is the expected volatility of the index over the next 30 days.

The VXN is a popular tool for traders and investors to measure and manage risk. It can be used to hedge against market volatility or to speculate on future market movements. The VXN is also used as a benchmark for other volatility indexes.

The VXN is calculated using a methodology similar to that used for the CBOE Volatility Index (VIX). The VXN is based on the prices of options on the Nasdaq-100 Index. The prices of these options are used to estimate the expected volatility of the index over the next 30 days.

The VXN is a real-time index, which means that it is updated continuously throughout the trading day. The VXN is available for trading on the CBOE.

The VXN is a useful tool for traders and investors to measure and manage risk. However, it is important to remember that the VXN is a measure of implied volatility, not actual volatility. The VXN can be a volatile index, and it is important to use it with caution.

Here are some additional information about the VXN:

* The VXN is a relatively new index, having been launched in 2003.
* The VXN is a broad-based index, and it includes stocks from a variety of industries.
* The VXN is a liquid index, and it has a high trading volume.
* The VXN is a popular index, and it is used by a variety of traders and investors.