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Resolves based on the VIX closing level: below 20 'Below 20', 20 to below 25 '20-25', 25 to below 30 '25-30', 30 and above 'Above 30'.
Resolves Yes if Resolves based on the VIX closing level: below 20 'Below 20', 20 to below 25 '20-25', 25 to below 30 '25-30', 30 and above 'Above 30'.
Outcome verified from cboe.com.
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