Capitalize on market volatility based on the SPY
SPIKES futures (SPK) are an innovative volatility product that are based on the SPIKES index. The index is a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY), one of the most actively traded securities in the world. There are many advantages to trading SPIKE futures including:
- Take advantage of market volatility based on your view
- Inverse correlation with the S&P 500 providing potential hedging instrument
- Trade volatility with precision as SPIKES trade in $0.01 increments
Trade SPIKES Futures Commission Free with NinjaTrader
SPIKES uses live SPY option prices to calculate volatility, minimizing the impact of spread on price movement bringing greater precision to your trading.
Open your account to trade SPIKES futures commission free with professional tools and services including unlimited simulated futures trading, award-winning charting and analysis, 1000s of third-party trading apps and more.
Learn About SPIKE Futures Contracts
SPIKES are traded via the CME Globex® platform and powered by MIAX. Review trading hours and additional contract specifications for this innovative product.
Get Unlimited Simulated Trading
Once you open your account, you can sharpen your trading skills in our FREE futures trading simulation. Equipped with professional market data, our trading simulator will empower you to join the live futures market with confidence.
- No minimum funding requirement to open your account
- FREE platform included - no platform fees
- Sim trade risk-free until you're ready for live trading