Volatility Index Falls Below 23 To A 13-Month Low

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Volatility Index Falls Below 23 To A 13-Month Low

By Mark Perry on October 15, 2009 | More Posts By Mark Perry | Author's Website

The CBOE Volatility Index (^VIX) fell below 23 yesterday (to 22.99) for the first time since September 3, 2008, and fell again today to close at 22.86. From the high of 80.86 on November 20 of last year, the VIX has fallen by a full 58 points, and is back to the pre-financial crisis level. Just another indication that the worst is behind us.

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