· The broad market is rallying in-unison today, driven by good stimulus, COVID-19 vaccine news and positive economic data.
· The VIX Index is in the mid-20s, at 25.50 on the last day of the third quarter. The 50-day moving average for the VIX Index is currently 25.30.
· October VIX futures are still close to 30, while November is currently at 31.90. October is historically the most volatile month of the year, so participants are buying up these futures as they expect volatility to continue to rise.
To learn more visit Cboe’s website.