Volatility Gauge Tops 50 for the First Time Since Volmageddon
- S&P 500 realized volatility is 53 over the past 10-sessions
- The February 2018 spike felled many exchange-traded products
This article is for subscribers only.
The Cboe Volatility Index has surpassed 50, a threshold last breached when the complex broke down in February 2018.
The VIX, as it is known, measures the 30-day implied volatility of the S&P 500 based on out of the money options prices. The so-called “fear gauge” at this level implies a more than 3% move in the benchmark U.S. stock gauge for each session over the coming month.