A sub-15 VIX (Friday close 14.7) is rare, says Goldman Sachs, and it doesn't stay below that...

Aug. 13, 2012 9:06 AM ETVXX, VXZ, VQT, VIXY, VIXM, CVOL, VIIZ, VIIXF, TVIZ, VZZB, XVIX, XVZ, VXAA, VXBB, VXCC, VXDD, VXEE, VXFF, UVXY, USMV, EFAV, EEMV, ACWV, TVIXFBy: Stephen Alpher, SA News Editor9 Comments
A sub-15 VIX (Friday close 14.7) is rare, says Goldman Sachs, and it doesn't stay below that level for long (true post-2007, pre-crisis not so much). It's not just the U.S., but implied volatilities have dropped across every global index followed by the Goldman team. Another sign: The put/call ratio has declined to its lowest level in more than 3 years, as players pull off hedges.

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