![]() ![]() So, the wild moves we've seen there are likely just beginning, and it's very possible the volatility will intensify. In other words, the VIX has just one session between December's expirations and the holiday. See, VIX options expire today, and the market is closed Friday to observe Christmas. It opened above 21 on Tuesday morning and stayed that way.įor folks who don't live and breathe the VIX every day, what this means, in plain English, is that the wild market swings we've seen lately aren't done. ![]() On Monday, just as stocks were falling out of bed, the "fear gauge" opened just below 26 - a massive 19% jump from Friday's close. The Chicago Board Options Exchange Volatility Index, the VIX, has been running high lately. ![]()
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