Repost: VIX Index Peaks:

2008 Financial Crisis November 20, 2008 80.86 (intraday high)

October 2008 59.89 (month-end closing high)

2020 COVID-19 Pandemic March 16, 2020 82.69 (intraday high)

March 2020 53.54 (month-end closing high)

A VIX surge purely due to war has not exceeded 50 in the 35 years since VIX's inception. 2) If one were to wait for VIX 80 to enter the market, there have only been 2 such occurrences (2 periods) in history, averaging once every 17 years.

In the past 35 years, if one were to wait for VIX >40 to act, there were 9 times in total, averaging about once every 4 years; if one were to wait for VIX >50 to act, there were 3 times in total, averaging about once every 12 years.