What does Vix 15 Means?

As we are aware that VIX is the volatility index of the market or can be called as fear index and it must be monitored and we are going to discuss on the fact that what does it implies if VIX is 15

It means that the market is going to be more or less stable and option sellers like Vix near 15 because likelihood of the market going up on the higher side increases when VIX is 15 or below 15. 

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