Hi a week ago I bought a CFD on the Volatility Index Fut Apr10 at an entry price of US$19.19 for the purpose of temporary hedge my equity exposures, I noticed that the future contract is going to expire this Saturday(Apr10), I also noted the current spot price is roughly 5% below the future price.
I'm worried that if in the settlement date the future price converge to spot price, then my loss will go another 5% further?! I suspect the convergence here may not occur so that the spread between future and spot will persist, otherwise it will be too good for the arbitragers to take on if spot can be bought freely (can you trade the spot VIX freely though?)
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Last
$70.34 |
Change
-0.160(0.23%) |
Mkt cap ! $13.66B | |||
| Open | High | Low | Value | Volume |
| $70.58 | $70.92 | $69.80 | $21.31M | 303.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 327 | $70.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.37 | 4278 | 1 |
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| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |