Volatility Spike
risk-off 16 October 2026On 16 October 2026, "Volatility Spike" was one of 5 themes driving markets, marked elevated, naming VIX, UVIX, UVXY, VXX. Of those, Volatility Index moved most that day, +21.45% close to close.
The VIX has surged over 21%, confirming that fear is the primary driver of today's market action. Traders are aggressively buying volatility protection as equity indices buckle.
Archived at the close on 16 October 2026.
The markets it named, that day and since
Close to close, from Kinzan's daily record
| Market | That day | Since |
|---|---|---|
| Volatility Index VIX | +21.45% | −4.80% |
| UVIXnot tracked | — | — |
| UVXYnot tracked | — | — |
| VXXnot tracked | — | — |
Risk-off sentiment intensifies as the VIX surges 21% and tech stocks like Twilio and Okta face brutal New York session sell-offs.
108 of the 231 instruments on the board closed the 24 hours higher and 112 lower; the risk dial read 29 of 100 (risk-off).
Other themes that day
- Tech Sector CapitulationAccelerating
- Energy Sector OutperformanceActive
- Semiconductor RoutShifting
- Speculative FrenzyEmerging
The same theme on other days
2 days on record
- 14 October 2026 The VIX has surged 10%, signaling a sharp increase in market fear.