Get to know the VIX Index (aka The Fear Index) – Hari Swaminathan

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Summary

• Archive: THE VIX (“FEAR”) VOLATILITY INDEXThe VIX is one of the most watched indicators in the markets, even by professionals. We take a look at what this index is, Understanding VIX method of computation, and how this Index is interpreted on a day-to-day basis in practical terms. We look at overall market correlations with the VIX since the index was created in the 1990’s.

• The VIX may be called a Volatility Index, but it acts more like a Fear index in the markets.

• The key lies in understanding the relationship of the VIX index to the S&P 500 Options.A high or low levels of VIX impacts all S&P 500 Options as well as individual stocks.

• This course looks at the example of the financial crisis of 2008 in detail when the VIX levels spiked to unprecedented levels, and the impact it had on Options prices.

• Every Options trader must watch the VIX index.There are several other Volatility indexes that track Volatility in the markets, and we cover the important ones.

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