The VIX measures implied volatility, it's more to do with option...

  1. Neo
    2,195 Posts.
    The VIX measures implied volatility, it's more to do with option pricing. Just because the markets are volatile does not mean the VIX will rally. VIX & SPX have an inverse relationship, however sometimes the correlation can be negative. If you buy SPX and sell VIX then they will likely move against each other, you would also have to make sure you've weighted your position correctly.

 
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