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Black Monday, 1987


(the original VIX [VXO] hit 172 on Black Monday. The average VIX is 20 and otherwise the high is 90. See kurtosis and 5th moment.)

Black Monday, 1987

http://upload.wikimedia.org/wikipedia/en/d/de/S%26P_500_index_around_the_time_of_the_crash.png

(the original VIX [VXO] hit 172 on Black Monday. The average VIX is 20 and otherwise the high is 90. See kurtosis and 5th moment.)


hi-res

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