PRESS ROOM
Uptick in VIX as tech stocks sell-off
Monday 14th September '20
The recent sell-off in tech stocks has been accompanied by an uptick in the CBOE Volatility Index (VIX). The so-called ‘fear index’ rose from around 26 at the end of August to over 33 on September 03 suggesting that investors turned towards options to trade US stocks. Volatility levels have, however, subsided again in the second week of September. VIX October futures remain elevated as markets expect increased uncertainty heading up to the US presidential election in November.