I asked if the VIX was still too low in a late October 2024 Barchart article. After rising to the 65.72 level on August 5, 2024, the VIX fell below the 19 level when I concluded:
VIXY could be a valuable tool over the coming weeks as the current uncertainty remains bullish for the VIX and could cause the implied volatility of put and call options on S&P 500 stocks to soar. At the 20 level, the VIX could still be too low in the current environment.
