Deciphering the Puzzle: Shedding Light on the Curiously Low Fear Gauge of Wall Street
Challenging Misconceptions: Unraveling the Truth Behind the VIX’s Low Levels After a recent bout of stock-market turbulence, the subsequent dip in the Wall Street’s “fear gauge,” the Cboe Volatility Index (VIX), has prompted debates about its validity. Some attribute its decline to factors such as the rise of zero-days-to-expiry (ODTE)...