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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.

Options Update: Volatility Index S&P 500 Options - VIX below 30 originally appeared on BloggingStocks on Tue, 19 May 2009 12:00:00 EST. Please see our terms for use of feeds.

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