The X index is a measure of expected stock market volatility that is calculated with S&P 500 options prices. It often spikes when U.S. stocks tumble. Hence, it is commonly referred to as the ‘fear index‘.
X was in the news after it surged to its highest level since March 2020 amid Monday’s turmoil.
Identify X.
Tag: index
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X was an informal list of about 4 dozen large-cap stocks on the New York Stock Exchange that were most favored by institutional investors in the 1960s and 1970s. These included American Express, Coca Cola, IBM, Pfizer, among others.
However today, the term X is mostly associated with the Indian stock market.
Can you identify X?