S&P 500 Volatility Index Surges above August High

The volatility premium rose sharply as the VIX surged 50% and hit a three month high. The chart below shows the VIX rising from the 13 area to 19.41 in less than three weeks. While the VIX exceeded its August high, the S&P 500 has yet to break its corresponding low and has yet to price in as much fear.

131007vix


Click this image for a live chart

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