The media at large tells you that there is no volatility.
There are two gauges of volatility based on the option pricing on the market.
The first one is the commomnly used VIX that indicates the day to day volatility.
This stands since December around 11. It is an inverse indicator, the lower tye better, and indicates a positive setting for the stock market.
The other one, less known, is the SKEW.
It indicates the possibility of a one off sirprise catastrophic event.
This now stands close to 155 over the maximim reached during the GFC and practically on par with the Nasdaq 2000 bubble.
So there are a lot of institutions freakishly scared. Be warned.
investorpolitico 