Options markets send cautiously bullish signal on U.S. stock rally

The Cboe Volatility Index , known as "Wall Street's fear gauge," ended below 40 on Tuesday for the first time since March 5, after rising as high as 82.69 during a sell-off that took the S&P 500 down as much as 34% from its peak. Investors are digesting a rally in which the S&P 500 benchmark index has soared 24% from its March lows in the midst of the spreading coronavirus pandemic.

https://finance.yahoo.com/news/optio...html?.tsrc=rss