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VIX Index

VIX is Market Volatility Index, which tracks market volatility as an entity, and shows market's expectations and propensity.
VIX is calculated based on implied volatilities of S&P Index calls and puts options and measures market risk and investor's fear.
High value VIX represents investor's fear, pessimism and high volatility, while low value VIX refers to less traumatic, optimistic market atmosphere.

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