Macro Condition 1 of 17 market conditions

VIX Level

CBOE Volatility Index current reading

What VIX Level Measures

The VIX measures expected 30-day volatility of the S&P 500, derived from options pricing. It tells you how much fear or complacency is priced into the market right now.

Buckets

TradeOdds classifies each trading day into one of these buckets for VIX Level. When you run an analysis, matching days must fall in the same bucket (or adjacent buckets if tolerance is set above 0).

Very Low (<12) Low (12-16) Moderate (16-20) High (20-25) Very High (25-35) Extreme (>35)

How It's Calculated

Daily VIX closing value bucketed into fixed ranges. These ranges are standard industry thresholds used by institutional traders to classify volatility regimes.

How to Use VIX Level in TradeOdds

When you run an analysis on TradeOdds, VIX Level is one of 17 conditions that can be active. If VIX Level is toggled on, only historical days where VIX Level was in the same bucket as today are included in the match.

For example, if today's VIX Level reading puts it in the "Very Low (<12)" bucket, TradeOdds finds all historical days for that stock where VIX Level was also classified as "Very Low (<12)" — then shows you what happened next.

Adding more conditions narrows the match (fewer but more specific historical days). Removing conditions widens the match (more historical days but less specific). The right balance depends on whether you want statistical significance (more matches) or precision (fewer but more similar matches).

See VIX Level in Action

Run a free analysis on any stock and see how VIX Level affects the historical base rate.

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