Since the index itself isn't tradable, Wall Street created "proxies."
Just like you can’t buy the "average temperature" in Florida, you can't buy the VIX. buying vix stock
When the S&P 500 plunges, the VIX typically spikes as investors panic-buy insurance (options). Since the index itself isn't tradable, Wall Street
What is the Volatility Index (VIX)? The VIX is a real-time volatility index, created by the Chicago Board Options Exchange (CBOE). www.ig.com Since the index itself isn't tradable