The VIX is the ticker symbol for the Chicago Board Options Exchange (CBOE) Volatility Index. The VIX shows the market's expectation of 30-day volatility. The VIX is constructed by using the implied volatilities of several put and call contracts on the S&P 500 Index. The VIX is commonly referred as the "fear index". The higher the VIX, the greater the fear in the market. An old adage relating to the VIX is "When the VIX is high, it's time to buy; when the VIX is low, look out below." These videos will help you learn more about the VIX, and how to apply it to your trading.