Volatility is cooling — but we’re not back to “calm” territory yet
1/ 📊 $Cboe Volatility Index(VIX)$ Volatility Report Volatility is cooling — but we’re not back to “calm” territory yet. Here’s what the latest data tells us about market sentiment 👇 2/ 🔻 The VIX closed at 22.37 on March 17. That’s: • ⬇️ -1.14 points (-4.85%) vs. prior session • ⬇️ -1.86 points (-7.68%) over the last 5 trading days Short-term pressure is easing. 3/ 📈 But zoom out. The current level remains above the two-year mean of 19.45. We’re off the highs — yet still elevated relative to longer-term norms. 4/ 📊 Percentile check: The VIX sits at the 63.2nd percentile of the past year. Meaning: Roughly 3 out of 5 trading days over the last 12 months had lower volatility than today. Not extreme. Not calm either. 5/ 🔄 Term Structure Insight: The cur