After closing above 20 on the 26th of July, the CBOE Volatility Index has closed above this mark since.  Only on July 27th, July 31st, and August 8th has the VIX even touched below 20 intraday.  Since August 8th, the VIX has remained entirely above this mark, with option premiums and volatility bouncing between primarily between 20 and 30.  The Volatility Index hit its peak on August 16th, touching 37.5 on runaway fears.