The market swung in shock on Monday. For Tiger friends who are familiar with VIX, they may have gained a lot. This article will explain why. First of all, from the title that VIX is a product in the crown of trading, I think it deserves its name. If you consciously understand VIX and related trading targets, futures, options and ETN, which are relatively complex financial products, should all be in your knowledge circle. Because VXX, the most widely traded target of VIX index, is the product of the combination of these three concepts. What is VIX Since the calculation method of VIX index and the operation method of VIX futures are among the most complicated products available to retail investors, we will not elaborate on the details. The VIX figure represents the implied volatility (I