Hi need help with this section of my assignment, as I am not the best with the topic and guidance or help on how to tackle these questions would be much appreciated. Thank you

Question 3 Cboe Volatility Index (commonly referred to as VIX) is a measure of volatility published by Chicago Board Options Exchange. It is also commonly known as the fear index as it measures how volatile the stock price movements are. | DJ London School of Business & Finance When times are good and stable, its values are low. But when the market experiences swings, VIX value increases. A number of derivatives (such as S&P 500 VIX Short-Tenn Futures) were developed; they are designed to prot on either low or high VIX values. Investors can supplement their stock portfolio with VIX futures and receive reimbursements if the volatility increases. On the other hand, they can also take the opposite position and prot from stability on the market. 1) Demonstrate how VD