I answered Volatility Swap but I dont know if this is correc

I answered Volatility Swap but I don\'t know if this is correct.

tradable options? O Volatility swap VIX Index VXX S&P; 500 Index

Solution

1^st option: This is a forward contract of future realized price variance because of the exchange rates variance in two countries. This is not an enlisted stock; therefore, it has no tradable option.

2^nd option: This is an index for predicting share market sentiment – optimistic market or very risky market. Therefore, this has tradable option.

3^rd option: This is a note of exchange trading and it is very similar to as enlisted stock in a share market. Therefore, this has tradable option.

4^th option: This is the US stock market index of 500 large companies. Therefore, this has tradable option.

Answer: 1^st option