VIX Breaks 30

The CBOE Volatility Index (VIX) broke 30 on Tuesday, hitting a session low of 28.35 for the first time since September 19, suggesting that the smart money are no longer panicked about stocks.

As recently as November, the VIX, which reflects options implied volatility of the S&P’s 500 index, was in record territory above 80, when the S&P 500 was nosediving. It then bounced between 40 and 50 from the start of the year until the end of March. Realized volatility has also been declining steadily since October.

Graph: Financial Content

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.