How to convert the $VIX into an expected daily move in 5 seconds 1️⃣ Check current VIX 2️⃣ Divide by 16 3️⃣ Get your 1-day implied range (1-standard deviation / ~68% probability) Quick cheat sheet • VIX 12 ➡️ ±0.75% • VIX 16 ➡️ ±1.00% • VIX 20 ➡️ ±1.25% • VIX 24 ➡️ ±1.50% Save this post for your daily watchlist routine. Do you use the $VIX ? 👇
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5 Comments
Renee Glover@tradingdiva · 18h
Hum. All these Rule of's 8 have never heard of lately. I wonder how often this is reasonably accurate?
CoderDonna @coderdonna · 17h
Is this the "cboe volatility index" stock?
Edison Lewis@edisonlewischarles · 8h
I know w
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