How low can you go?

Friday’s close of 9.36 was the lowest since Dec 1993; the second lowest close in VIX history.
Before this summer, the VIX had closed below 10 only 9 times. And it had never happened outside the months of November, December, and January.
Friday’s intraday low of 9.30 is the 4th lowest reading ever; the lowest since, again, Dec 1993.