VIX back to 1990. The nine-day-to-six-month term structure, vol-of-vol, and how much the tail is being paid for. Every level ranked against its own full history — not a one-year window.
A number on its own answers nothing. Each of these is placed against every session NoVo holds for it, and against the last two years — because those two often disagree, and the disagreement is the point.
VIX9D measures nine days, VIX thirty, VIX3M ninety. When the front sits above the back the market is paying up for the next few sessions specifically — which is a different regime from a curve that has lifted all along.
Monthly closes. The spikes are the ones you remember — 2008, March 2020, February 2018 — and the long flat stretches between them are most of the record.
These indices tell you what kind of market you are in. NoVo’s dealer map tells you where it is likely to stall or break today — the gamma flip, the walls and the expected move, recomputed every 60 seconds.
The member portal — delayed dealer levels with the gamma flip and the expected-move band on SPY, QQQ and IWM, plus sectors, movers and the week’s catalysts. NoVo’s Mid-Day Tape Review every trading day and the Week Ahead on Sundays. And the NoVo Discord: live discussion and NoVo’s daily dealer-map read.
Create your free account Join the new NoVo Discord →Market data on this page is delayed and provided for general information only — it is not financial advice or a recommendation to trade. VIX/VXN/RVX are ~15-minute delayed (CBOE); index values use E-mini futures. Options trading involves significant risk of loss. © 2026 NoVo Options Trading.