Low VIX - what does it indicate

VIX is around 11.
Is it sign of some major correction in coming time?
Please share your views.

It means less panic.

I think it broadly depicts that at this volatility, Nifty may move up / down by 11% in a year from now.
It also means that options will be priced relatively less as compared to when vix is around 14+. So if you want you can buy options (put or call). Prefer longer term options like next month as near term options will fast lose money.

Beware that option buying has only 33% chance of winning !


Thanks Vipul for sharing your thoughts!!