The VIX index climbed 20% as of 2:30 pm following the selloff. The Cboe Volatility Index , known as Wall Street's "fear gauge" surged on Wednesday to its highest level in more than four months. The VIX opened November 2020 at 37 and has since dropped to 23.5. For the S&P 500, the 10-day (2 trading week) average true range hit a record high in points terms – and the highest level as a percentage of spot since August 2011. The index is often referred to as the S&P 500's "fear gauge" because it … The VIX CBOE (Chicago Board Options Exchange's Volatility Index) is one of the most closely watched indicators in the financial markets. The Cboe Volatility Index <.VIX> surged on Wednesday to its highest level since June, ending at 40.28. The VIX, which measures the 30-day implied volatility of the S&P 500 based on out-of-the-money options prices, jumped as high as 62, its highest level since December 2008 on an intraday basis. The CBOE volatility index, otherwise known as the VIX, spiked to its highest level since January 2018 last week, as financial markets crashed over coronavirus fears. The current VIX index level as of December 10, 2020 is … In morning trade, the VIX was last at 40.35, its most elevated since June 15, as the benchmark S&P 500 stock index fell nearly 3%, amid worries about the sharp rise in Covid-19 cases in the United States and Europe. VIX futures, which have long reflected expectations for higher volatility toward year-end and early 2020 - in large part on election worries - rose in tandem with the index. The Cboe Volatility Index, or VIX, spiked as much as 40% in early trading Monday to its highest level since August. The VIX, Wall Street’s “fear gauge,” spikes to 62 amid a market rout. W all Street’s fear gauge, the VIX, spikes to its highest level as stocks tumble and oil prices plunge.. This is … The Cboe Volatility Index .VIX> surged on Wednesday to its highest level since June, ending at 40.28. The index looks at prices of options on the S&P 500 to track the level of fear on Wall Street. Stock-market readings are now bullish — but this is the crucial S&P support level to watch Nov. 19, 2020 at 11:58 a.m. It contrasts with markets elsewhere. Expressing a long or short sentiment may involve buying or selling VIX futures. On September 22, 2003, the Cboe began disseminating price level information using revised methodology for the Cboe Volatility Index, VIX. Vix technical analysis shows that market volatility could start to move towards the 34.00 and possibly the 40.50 level if the 29.56 level is surpassed. At the same time, the benchmark S&P 500 <.SPX> stock index fell 3.5%. The VIX moved from 14% to 62%, and the S&P 500 VIX Short-Term Futures Index moved up more than 300%. NEW YORK (Reuters) - The Cboe Volatility Index, known as Wall Street's "fear gauge," surged on Wednesday to its highest level in more than four months. In morning trade, the VIX was last at 37.28, its most elevated since Sept. 4, as the benchmark SP 500 stock index fell nearly 2 amid worries about the sharp rise in COVID19 cases in the United States and Europe. The Cboe Volatility Index, also known as the VIX, closed at the fourth-highest level ever recorded. Despite this extreme move, some might speculate that the market will bottom soon evident with the peak caused by the crash on Monday. The Cboe Volatility Index .VIX surged on Wednesday to its highest level since June, ending at 40.28. Instead, because there has typically been an excess of demand from market participants seeking the insurance-like characteristics that options can provide, there has been a discernable “premium” in VIX—otherwise (Reporting by April Joyner Editing by David Holmes) Even as the lockdown eases in America, the blow to jobs has been savage, with unemployment rising from 4% to about 16%, the highest rate since records began in 1948. ET by Lawrence G. McMillan Barron's It rose briefly early Tuesday to over 50, the highest level since Aug 2015. Level of volatility was at the highest level since 2008 on Monday. The CNN Fear & Greed Index, a measurement of market sentiment using seven technical indicators, is now at the highest level of fear: “Extreme Fear.” Bond yields also fell, with the 10-year treasury yield dropping below 1% for the first time in history on Monday. VIX Historical Price Data. This coincide with the fastest 20% decline in the market history. 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