The VIX, also known as the fear index, is a much respected variable that is closely monitored by seasoned investors especially in times of sudden volatility outbursts. The last few weeks VIX has been very naughty. It has probably received a Viagra OD and has risen to heights unseen in history since its inception. Historic records were continuously being broken, day after day, to the point that even the boldest and most audacious among investors had to admit 'I thought I'd never live the day to witness the VIX surpass 80 points!' That was just last Thursday.Today was a calmer day but still VIX closed above 50 points (52.97 to be precise). Compare this to an average of 20 when things operate on 'normal' volatility...
May you live in interesting times, my son. 时势造英雄
No comments:
Post a Comment