VIX At It’s Lowest Since The Pandemic In Feb 2020

ZEROHERO
2023-06-03

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The CBOE Volatility Index — also known as Wall Street’s “fear gauge” as it approximates expectations for how much the S&P 500 will rise and fall in coming weeks — closed Friday at 14.60, its lowest since Feb. 19, 2020, shortly before the Covid pandemic closed the economy.

Greed is good? 🤔

On the other hand, The SPDR S&P 500 ETF Trust (NYSE:SPY) experienced an outstanding $18.1 billion in net inflows last month, the greatest flow performance since December 2021, when the fund received $25.6 billion, according to Koyfin data.

Green with envy 🤑

The ETF is the world's biggest with approximately $400 billion in assets under management. The influx into the largest ETF tracking the S&P 500 index corresponded with a remarkable rise in AI-related stocks and the rising dominance of tech giants among the 500 most capitalized U.S. firms. 

What to buy next? 😉

With Friday’s gains, the S&P 500 and Nasdaq finished the holiday-shortened trading week about 1.8% and 2% higher, respectively. The Dow’s Friday advance pushed it into positive territory for the week, finishing up 2%. The Nasdaq notched its sixth straight week higher, a streak length not seen for the technology-heavy index since 2020.

Options trading summary for May 2023

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Comments

  • Guy
    2023-06-03
    Guy

    It is important to note that the VIX is a measure of volatility, and it does not necessarily predict whether the stock market will go up or down.

    • ZEROHERO: 
      It affects S&P 500. A useful guage for my options trade 🤫
  • FrankRebecca
    2023-06-03
    FrankRebecca

    The fact that the $标普500波动率指数(VIX)$ is still above its February 2020 level suggests that investors are still feeling some uncertainty about the global economy.

    • ZEROHERO: 
      Average VIX level is between 18-20 ➡️
  • MaudNelly
    2023-06-03
    MaudNelly

    As of March 8, 2023, the VIX is trading at 22.21, which is still above the 19.93 level it reached on February 20, 2020.

    • ZEROHERO: 
      Have plunged more since Friday’s close 😉
  • Marcurzed
    2023-06-04
    Marcurzed

    Great ariticle, would you like to share it?

  • Jdjejej
    2023-06-03
    Jdjejej

    Great ariticle, would you like to share it?

  • 莫问清风
    2023-06-04
    莫问清风

    这篇文章不错，转发给大家看看

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