What is the CBOE Volatility Index (VIX) and why is it important in Investing?
In 1993, the Chicago Board Options Exchange (CBOE) created a special index. They called it the CBOE Volatility Index, or VIX for short. This index does something important, it measures how much volatility the stock market might face in the next 30 days. Volatility means how fast and how much prices move up and down….