1. Low Range:
- The VIX is typically in a low range when the stock market is stable and investors feel confident. In normal conditions, the VIX often ranges between *10 to 15*.
High volatility
- The VIX tends to increase during market instability or financial crises. In extremely uncertain conditions, the VIX can spike to levels of 40, 50, or even higher.
- For example, during the 2008 financial crisis and the COVID-19 pandemic in early 2020, the VIX reached levels exceeding 80.
Generally, the VIX is considered to be in a moderate range between 15 to 30 when there is moderate concern in the market, but not necessarily