Two More VIX Records

Once again, the VIX is in the record books, with two new highs:

• new closing high: 69.95
• new intra-day high: 76.94

Of course, today is also the first time the VIX traded over 70.

In other volatility index news, the VXO ((CBOE S&P 100 Volatility Index)) closed at 86.14, almost exactly half of the all-time record high of 172.79 from October 20, 1987. The VXO had an intra-day high of 103.18, marking the first time the 'original VIX' has been over the 100 mark since 1987.

Comments

[Stone Fox C...:]

Incredible times. Is this the greatest buying opp we've seen since 87?

2008 Oct 10 07:28 PM

[Urbane Gori...:]

It might be once we see the VIX hit 87 ... Then buy! jegan ;-)

2008 Oct 11 03:42 PM