Cboe Volatility Index (VIX)

E632369

The Cboe Volatility Index (VIX) is a widely followed financial benchmark that measures the stock market’s expectation of near-term volatility, often referred to as the market’s “fear gauge.”

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Observed surface forms (1)

Surface form Occurrences
Cboe Volatility Index 1

Statements (49)

Predicate Object
instanceOf financial benchmark
stock market index
volatility index
basedOn S&P 500 call options
S&P 500 index options
S&P 500 put options
calculationMethod model-free implied volatility
uses out-of-the-money S&P 500 options
category market volatility indicator
country United States of America
surface form: United States
currency US dollar
dataSource real-time S&P 500 option prices
hasAbbreviation VIX NERFINISHED
hasDerivativesExchange Cboe Futures Exchange NERFINISHED
highValueAssociatedWith investor fear
market stress
highValueIndicates high expected volatility
inceptionYear 1993
introducedBy Cboe NERFINISHED
isAnnualized true
isForwardLooking true
isReferencedBy financial media
institutional investors
risk managers
isTradableVia VIX futures NERFINISHED
VIX options NERFINISHED
VIX-related exchange-traded products
lowValueAssociatedWith market complacency
lowValueIndicates low expected volatility
measures expected near-term stock market volatility
implied volatility
methodologyUpdateDescription changed underlying from S&P 100 to S&P 500 options
methodologyUpdatedYear 2003
nickname fear gauge
fear index
operator Cboe Global Markets NERFINISHED
Chicago Board Options Exchange NERFINISHED
originalMethodologyBasedOn S&P 100 options
relatedIndex Cboe 1-Year Volatility Index NERFINISHED
Cboe 3-Month Volatility Index NERFINISHED
Cboe 6-Month Volatility Index NERFINISHED
Cboe Short-Term Volatility Index NERFINISHED
timeHorizon 30 calendar days
typicalRangeDescription often trades between 10 and 30 in normal markets
underlyingIndex S&P 500 Index NERFINISHED
usedFor benchmarking volatility strategies
hedging equity portfolios
risk management
speculating on volatility

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Cboe Global Markets notableIndex Cboe Volatility Index (VIX)
this entity surface form: Cboe Volatility Index
Cboe Global Markets notableProduct Cboe Volatility Index (VIX)