The VIX is a real-time market index representing the market's expectations for volatility over the coming 30 days, often called the 'fear index'.
Description: The VIX, introduced by the Chicago Board Options Exchange (CBOE) in 1993, is a key measure of implied volatility of S&P 500 index options. It reflects investor sentiment and market risk, rising during market stress and falling during calm periods. The VIX is calculated using a weighted blend of put and call options, providing a forward-looking 30-day volatility estimate. It is widely used for hedging, speculation, and as a barometer of market fear. The index itself is not directly tradable, but futures, options, and ETFs based on the VIX allow investors to gain exposure.
