VIX Crashes 21% as Wall Street Short Squeeze Accelerates: Are Volatility ETF Bulls Losing Their Edge?
The Cboe Volatility Index, widely recognized as the primary fear gauge for Wall Street, experienced a dramatic decline on Monday, shedding more than 21% of its value. This sharp contraction occurred as a robust recovery in the equity markets effectively neutralized the selling pressure witnessed during the previous week. According to data provided by The Kobeissi Letter, the VIX plummeted by 21.23% to settle at 20.19. This movement reflects a significant shift in how the options market anticipates near-term fluctuations for the S&P 500, suggesting that the intense anxiety that recently gripped investors may be subsiding.
Equities Rebound as Volatility Drops
The downturn in volatility coincided with a broad-based surge in stock prices across
Source: benzinga.com · 2026-11-09