CBOE:VVIX   CBOE VIX VOLATILITY INDEX
VVIX is the volatility of VIX. Comparing them would give you a bit more insight.

The risk in the market is not off the table my friends. As you can see, VIX is still hovering in the red zone. Watch, Watch and Watch.

BTW, for those who dont know VIX is always quoted in %. That's why the zones start at 10% and go to 50%. Beyond 50% is uncharted territory. Market has printed 50% only 5% of time in the time.

Uday C Santhakumar
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.