- CFA Exams
- CFA Level I Exam
- Topic 7. Derivatives
- Learning Module 34. Valuation of Contingent Claims
- Subject 6. Option Greeks and Implied Volatility
CFA Practice Question
The Chicago Board Options Exchange S&P 500 Volatility Index is often termed the ______ index.
B. smile
C. skew
A. fear
B. smile
C. skew
Correct Answer: A
It is viewed as a measure of market uncertainty.
User Contributed Comments 0
You need to log in first to add your comment.