Cboe VXN Sits Below Its 33.92 52-Week High

CBOE NASDAQ 100 Volatility remains a key fear gauge for tech-heavy markets as traders watch options pricing across the Nasdaq-100. As of May 22, 2026, Yahoo Finance showed ^VXN at 23.71, down 0.38 points, or 1.58%, with an open of 23.75, a session high of 23.80, and a low of 22.69. That places VXN well below its stated 33.92 52-week high, but still above its 9.01 52-week low, showing that caution has not fully left the market.

CBOE NASDAQ 100 Volatility Holds Under Peak

VXN Shows Cooler Tech Fear

The CBOE NASDAQ 100 Volatility index measures expected 30-day volatility in the Nasdaq-100, based on near-term NDX options. Cboe says VXN is quoted in percentage points, similar to VIX. A reading of 23.71 signals active uncertainty, but not panic. The index is 10.21 points below its 33.92 52-week high, meaning volatility pressure has eased from its recent extreme.

Key VXN Numbers

Why The 33.92 Level Matters

The Gap Shows Risk Has Faded

A move below the 33.92 high tells us traders are pricing less fear into Nasdaq-100 options. Still, CBOE NASDAQ 100 Volatility at 23.71 sits far above its 9.01 low. That gap matters because tech stocks can swing quickly when yields, inflation, or mega-cap earnings shift sentiment. The takeaway is simple: fear is lower, but risk remains visible.

Recent Trend Gives Useful Context

Short-Term Moves Are Mixed

Investing.com listed VXN down 1.58% for one day and down 3.58% for one week. It also showed VXN up 3.40% over one month, down 2.15% over three months, and down 27.54% over six months. Those numbers show a market that has cooled from larger stress levels but still reacts to tech-sector headlines.

Broader Market Sentiment

VIX Also Stayed Below Panic Levels

Barron’s reported that VIX moved near 18.1 to 18.6 during recent market stress, staying below the common 20 fear threshold. Reuters also noted Nasdaq weakness as inflation concerns and Treasury yields pressured growth shares. That backdrop helps explain why CBOE NASDAQ 100 Volatility remains elevated but below its 52-week high.

Important Takeaways

• CBOE NASDAQ 100 Volatility closed at 23.71.

• VXN fell 1.58% in the latest Yahoo Finance quote.

• The index remains below its 33.92 52-week high.

• The 52-week range stands at 9.01 to 33.92.

• VXN reflects expected 30-day Nasdaq-100 volatility.

• Tech-market caution remains active, but panic has eased.

Conclusion

CBOE NASDAQ 100 Volatility is no longer near its 52-week peak, but it still points to meaningful caution in tech markets. The 23.71 reading shows traders expect continued Nasdaq-100 movement, even as fear cools from the 33.92 high. For readers tracking market mood, VXN remains a clean, useful signal of tech-sector uncertainty.