VIX Volatility Index
VIX 공포지수
1. Definition
CBOE's S&P 500 30-day implied volatility index. Back-solved from option prices. Known as the *fear index*, but more accurately it's the *expected volatility* gauge.
2. Reading Guide
Below 20 = stable. Above 30 = panic. Above 50 = crisis (COVID, 2008). Note: *low VIX = safe buy* is a myth.
3. ETF Trading Implications
After VIX normalizes from 30 → 17, the following 1–3 months tend to be recovery. But *VIX bottoms can also precede peaks*.
4. Related ETFs
6. Frequently Asked Questions
Q. Is VIX at 17 a buy signal?▼
Not directly. *Late-March 31 → May 17* signals *panic resolution*. Statistically favors *holding existing positions* over new entries.
Q. How is VIX calculated?▼
Implied volatilities from 30-day S&P 500 call and put options are extracted and weight-averaged. Reflects *collective volatility expectations* from option-market participants.
Source · License
Source: CBOE · Chicago Board Options Exchange
License: 지수 데이터 (일 1회 종가)