Volatility In The Stock Market Reaches Nearly 2-Year Lows: What Lies Ahead?
Portfolio Pulse from Melanie Schaffer
The CBOE Volatility Index (VIX) has reached nearly 2-year lows, trading at its lowest level since July 2021. This comes amid concerns of a potential recession and ahead of a key Federal Reserve meeting on June 13 and 14. Traders can trade the volatility using MIAX's SPIKES Volatility products and ProShares Ultra VIX Short Term Futures ETF (UVXY).
June 05, 2023 | 12:26 pm
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NEUTRAL IMPACT
MIAX's SPIKES Volatility products, traded on SPIKES Volatility Index (XMIO: SPIKE), may be impacted by the VIX reaching nearly 2-year lows. Traders can use these products to trade the volatility in the stock market.
The VIX reaching nearly 2-year lows indicates a decrease in market volatility. As SPIKES Volatility products track the VIX, they may be impacted by these changes. However, the short-term impact on SPIKE's price is uncertain, as it depends on the market's reaction to the upcoming Federal Reserve meeting and other factors.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
ProShares Ultra VIX Short Term Futures ETF (UVXY) may be impacted by the VIX reaching nearly 2-year lows, as it tracks the index. Traders can use UVXY to trade the volatility in the stock market.
The VIX reaching nearly 2-year lows indicates a decrease in market volatility. As UVXY tracks the VIX, it may be impacted by these changes. However, the short-term impact on UVXY's price is uncertain, as it depends on the market's reaction to the upcoming Federal Reserve meeting and other factors.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80