The CBOE VIX Volatility Index decreased on Monday.


The CBOE VIX (VXX) traded below on Tuesday as U.S. equity prices rebounded.

The Chicago Board Options Exchange Volatility Index, generally identified as the VIX, reached an intraday low of 22.90 on a scale of 1-100, where 20 describes the historical average. It would ultimately settle down 5.7% at 24.03.





In stocks, the large-cap S&P 500 Index (SPY) mounted 1.5% on Tuesday.





iPath S&P 500 VIX Short Term Futures ETN: (NYSEARCA: VXX)  offer exposure to the S&P 500 VIX Short Term Futures Index Total Return. The Index uses CBOE Volatility Index futures utilizing a long position in the first and second-month VIX Futures contracts. VXX declined by 4%.


ProShares Short VIX Short-Term Futures (SVXY) to track the S&P 500 VIX Short Term Futures Index’s inverse daily performance. SVXY advanced 1.3%.


ProShares UltraShort Term VIX Futures: (UVXY) UVXY delivers 1.5X (leveraged) returns of the day’s movements in the S&P 500 VIX Short Term Futures Index. It tacks the two front months of the futures contract. UVX raised 2.3%.


In the Final Word: Investors continue to watch the global spread of COVID-19. As of Tuesday, more than 117 million people had been infected with the novel disease, including 29 million in the United States.