The VIX fell 4.7% to close at 15.99 on June 15, with intraday amplitude reaching 5.13%. The volatility index swung between 16.85 and 15.99 before closing at the session low.
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VIX slides 4.7% to 15.99 after intraday amplitude reaches 5.13%
The VIX fell 4.7% to close at 15.99 on June 15, with the session's intraday amplitude reaching 5.13%, according to CBOE data.
The volatility index opened at 16.78, rose to a session high of 16.85, then reversed to close at the low of 15.99. The 5.13% amplitude — the range between the high and low relative to the open — reflects above-average intraday swings even as the VIX itself declined.
At 15.99, the VIX sits below its long-term average of about 20, indicating that options traders are pricing in relatively low volatility over the next 30 days. A declining VIX typically suggests reduced demand for portfolio protection, which can support risk appetite across equity markets.
The next major event for volatility expectations is the Federal Reserve's June 17-18 policy meeting, where the central bank is expected to deliver its latest rate decision. Any hawkish surprise could reverse the VIX's downward trajectory.
This article is for informational purposes only and does not constitute investment advice.
