The right way to use the VIX to profit and avoid losses

The Street
May 17, 2012

There are many opinions and ideas about what the Volatility Index (VIX) is and what it indicates. Since volatility can indicate financial risks and uncertainty, the VIX is often referred to as the “investor fear gauge.” What many investors want to believe is that the VIX predicts the stock market’s direction, but that isn’t what it was created to do. Robert Whaley, Valere Blair Potter Professor of Finance and creator of the VIX, is mentioned.

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