24- Which of the following statements regarding the VIX Index is not true?

A- It is a popular measure of the implied volatility of S&P 500 index

B- The VIX is calculated by the Chicago Board Options Exchange (CBOE).

C- Often referred to as the fear index or the fear gauge.

D- It is calculated using historical volatility of the S&P 500 Index

E- The VIX represents one measure of the market's expectation of stock market volatility over the next 30-day period