CBOE Volatility Index Falls to One-Week Low of 16.97
JH Kim
Summary
- The Chicago Board Options Exchange Volatility Index (VIX) fell to its lowest level in about a week.
- The CBOE Volatility Index dropped 3.87 points from the previous session to 16.97.
- That was the lowest level in about a week, and the index measures expected market volatility over the next 30 days.
Forecast Trend Report by Period
The Cboe Volatility Index, or VIX, a gauge of volatility in U.S. equities, fell to its lowest level in about a week.
Walter Bloomberg said on Nov. 4 that the VIX dropped 3.87 points from the previous session to 16.97.
That marked its lowest level in about a week.
The VIX measures expected market volatility over the next 30 days based on options prices tied to the S&P 500.
JH Kim
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