#noticiascripto 🚨🔥The main volatility index of Wall Street fell to its lowest intraday level in five months on Thursday, as U.S. stocks approached new highs following the release of better-than-expected employment figures.
The Cboe Volatility Index, or VIX, dropped almost half a point from its previous closing value, reaching 14.95 during trading hours before slightly recovering to close near 15, according to Cboe data.
The VIX is closely watched as a 30-day projection of price fluctuations in the S&P 500, and Thursday's drop shows that traders betting on short-term turbulence are being forced to reconsider.
A segment of the market, known as volatility buyers, had positioned themselves for sharp declines in stocks or an increase in instability. That trade is no longer working. As stocks rise with little resistance, some of these traders are stepping back from those positions and taking the loss.
Meanwhile, the actual price swings being recorded in the market have become even smaller than what the implied volatility figure suggests. The one-month realized volatility in the S&P 500 has now fallen to 6.9%, placing it well below the VIX and demonstrating how flat price action has been in recent weeks.