Innovation is a never-ending process, and Cboe Global Markets, Inc. (CBOE: CBOE) is demonstrating this principle with its latest planned launch of options on VIX futures. The Cboe Volatility Index (VIX® Index) is a popular measure of the stock market’s expectation of volatility over the next 30 days. The index reflects investor sentiment and the level of uncertainty or risk in the market. While Cboe currently offers securities-based VIX Index options, which allow investors to manage or gain exposure to the S&P 500® Index – considered the leading indicator of the broad U.S. stock market – the new options on VIX futures will offer ...