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VIX Daily Update: Volatility Edges Higher After Back-to-Back Declines

CBOE VIX Volatility Index advances after two straight declines.

The CBOE VIX (NYSEARCA:VXX) was back on the offensive Friday, as stocks wavered to end a volatile September.

The Chicago Board Options Exchange (CBOE) Volatility Index, commonly known as the VIX, reached a session high of 19.18 on a scale of 1-100 where 20-25 represents the historic average. VIX would eventually settle at 18.70, having gained 4.6%.

In stocks, the large-cap S&P 500 Index (NYSEARCA:SPY) edged up 0.1% on Friday.

ProShares Short VIX Short-Term Futures (SVXY) to track the inverse daily performance of the S&P 500 VIX Short Term Futures Index. SVXY declined 0.2%.

ProShares Ultra Short Term VIX Futures: (NYSEARCA:UVXY) UVXY is designed to deliver 2X (leveraged) returns of the day’s moves in the S&P 500 VIX Short Term Futures Index. It tacks the two front months of the futures contract. UVXY advanced 0.5%.

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VelocityShares Daily 2x VIX Short Term Futures ETN (NYSEARCA:TVIX) TVIX is a leveraged VIX ETN designed to deliver 2X the returns of the daily S&P 500 Short Term Futures Index. TVIX advanced 0.6%. 

The Final Word: Volatility is back below the 20 mark, but that could be about to change as new tariffs on U.S. and Chinese goods take effect. Both sides are expected to return to the negotiating table next month, though a trade deal appears highly elusive at this point.