Nasdaq-100® Volatility Index

The Nasdaq-100 Volatility Index (VOLQ®) provides investors with a new way to gauge equity market swings.

A more precise measure of volatility

The Nasdaq-100 Volatility Index (Ticker Symbol: VOLQ) measures 30-day implied volatility as expressed by the prices of certain listed options on the Nasdaq-100 Index (NDX) to obtain the prices of synthetic precisely at-the money (ATM) options.

Insights on the VOLQ Index

    Sign up now to get the latest on the Nasdaq-100 Volatility Index (VOLQ)

    Please opt-in to receive news and information about Nasdaq’s services.

    If you do not opt-in you will not receive any emails from Nasdaq.
    You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy.
    MORE CHOICES IN VOLATILITY TRADING

    VOLQ is the newest entrant in a trading space long dominated by a single "fear gauge" called the Cboe Volatility Index® (VIX®). The VIX incorporates a large and variable number of In, At, and Out of the money options, forming a measure of annualized variance. This approach reduces the value of the resulting measure due to statistical noise (issues like skew) from any of the three options inputs.

    The newest entrant in a trading space long dominated by a single index

    VOLQ is an improved measure of implied volatility on one of the most important domestic equity indexes, the Nasdaq-100 Index. VOLQ uses the Nations® VolDex® methodology to measure implied volatility which interpolates the first and second in-the-money and first and second out-of-the-money call and put options for the four weekly expirations, bracketing the moment 30 days in the future. Prices for these 32 options are used to calculate a mathematically robust, closed-form measure of at-the-money implied volatility.

    LEARN MORE
    VOLq uses the most liquid Nasdaq-100 options

    The Nasdaq-100 Index includes the largest domestic and international non-financial companies listed on The Nasdaq Stock Market—reflecting the performance of companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology.

    VOLQ

    The underlying options for VOLQ are options on The Nasdaq-100 Index

    These options trade on three different Nasdaq options exchanges. Multiple trading venues result in tighter bid/ask spreads, which means VOLQ provides a clearer measure of expectations for future volatility.

    LEARN MORE

    For questions about the VOLQ Index, contact us here

    Please opt-in to receive news and information about Nasdaq’s services.

    If you do not opt-in you will not receive any emails from Nasdaq.
    You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy.