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VIX index explained - What do VIX values mean?The VIX is a real-time volatility index, created by the Chicago Board Options Exchange (CBOE). It was the first benchmark to quantify market expectations of. Find out why investors and analysts use the Chicago Board Options Exchange Volatility Index, or VIX, to measure the market's anxiety level. The Chicago Board of Options Exchange Market Volatility Index (VIX) is a measure of implied volatility, based on the prices of a basket of S&P Index options.
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