CBOE Volatility Index (.VIX) $27.49 -0.22%

| March 7, 2008 More

Chopped up post payroll. Stocks and bonds have been all over the place and the CBOE Volatility Index is now pushing back into positive territory. The knee-jerk reaction to the payroll data was met with modest buying interest, which produced a short-covering-fueled rally, that petered out midday and now investors are back on the defensive. After hitting a high of 28.63 early, then falling to a low of 26.48, VIX is up .27 to 27.82. VIX call volume outrunning put volume by a margin of more than 12-to-1.

Category: All Indexes

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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