The CBOE Volatility Index (VIX) saw a slight increase of 0.27% to close at 15.10, reflecting a stable market environment with moderate volatility. This comes as the S&P 500 Index reached a record high, driven by strong performances from tech giants like Nvidia and Oracle, fueled by advancements in AI. The market's resilience, despite ongoing geopolitical uncertainties, underscores investor confidence in AI-related growth prospects. However, the notable trade of VIX Feb 2025 40.000 call options suggests that some traders are positioning for potential future volatility spikes, indicating a cautious approach amid the current market optimism.
The VS TR -1x Short VIX Futures ETF (SVIX) experienced a decline, dropping 1.70% to $26.56 as of 16:40 on Wednesday, January 22.