Wednesday, October 15, 2008

Second Highest VIX Close Ever: 69.25

The VIX spiked to 69.47 at 4:07 p.m. ET, just a few minutes after the equity markets closed (the VIX is calculated up until 4:15 p.m. ET, when index options trading ends) and settled at 69.25 for the day.

This makes today the second highest close ever for the VIX, behind the 69.95 from last Friday.

To put things into perspective:
  • the VIX's 10 day moving average is now 56.69

  • the VIX October futures settled today at 58.00
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4 comments:

  1. Jeff Pietsch CFAOctober 15, 2008 at 5:07 PM

    Possibly the most "telling" post of the day in six lines or less. Cheers, Jeff

    ReplyDelete
  2. AnonymousOctober 15, 2008 at 5:32 PM

    And VIX/VXV closed at 1.404, that's a record in my book.

    ReplyDelete
  3. AnonymousOctober 15, 2008 at 9:04 PM

    The TED spread is still in the stratosphere (4.34), which seems to be overriding all the usual indicators. If the credit markets aren't substantially loosened up I don't see any way the markets could sustain any kind of prolonged recovery.

    ReplyDelete
  4. AnonymousOctober 16, 2008 at 7:12 AM

    VIX 72+

    ReplyDelete