Which of the following statement is false?

Select one:

a. One of the best ways to gauge how much fear in the market is the CBOE Volatility index.

b. The volatility index was once above 80 after the Lehman Brother bankruptcy in the Great Recession.

c. The average VIC in history is around 10

d. The high VIX during the COVID-19 indicates that options are more expensive than usual