VIX1D extreme readings and their relationship to the SPXVIX1D has a short history since its incieption on April 24-2023, however, its creator, CBOE, has included bactkesting data that allows us to see how VIX1D would have performed on earlier dates.
The VIX1D line chart shows the backtest data provided by CBOE.
We drew a horizontal line at 14.57 which