Investing to Wealth

The CBOE Volatility Index VIX was created and began tracking market data in June 1988. For most of its 20-year history VIX was considered by many traders and investors to be a measure of the current fear or complacency of market participants. VIX is an up-to-the-minute index. According to the CBOE "VIX is calculated directly from the price quotations of nearby and second nearby S&P 500 Index options spanning a wide range of strike prices. The VIX calculation is independent of any theoretical pricing model." VIX tends to increase as markets fall and decrease when markets rise. There's a ...