Wednesday 23 October 2013

Volatility fractionally higher

With the main indexes generally closing moderately lower, the VIX saw moderate gains, peaking around 6% higher at 14.21. With the market recovering a little across the afternoon, the VIX fell back, closing +0.7% @ 13.42.


VIX'60min


VIX'daily3


Summary

There remains little to add about the action in the VIX. It is an essentially fearless market, and baring some sporadic major news/event, VIX looks set to trundle in the low/mid teens for the remainder of the year.

more later..on the indexes