Volatility Index S&P 500 Options (CBOE: VIX) is recently down 93 cents to 29.33. The VIX was last below 30 on September 19, 2008.
The VIX measures the market's expectation of future volatility implied by S&P 500 stock index options prices. In other words, VIX uses options pricing as a way to measure perceived market risk and uncertainty.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










