5 Year Low on VIX
Back to Pre-Crisis VIX
Although the S&P500 has not managed to extend its series of up days to 7, losing 0.13% on Monday, the VIX (CBOE Volatility Index) got below 14 to close at 13.70, the lowest since June 2007.
Down Almost 7 Points in 3 Weeks
Just 3 weeks ago, spot VIX was trading above 20 (although a 7 point move in 3 weeks is far from uncommon even on these, already quite low, VIX levels). Below you can see how the VIX futures curve moved downwards and steepened since that time.