I'm sure this must be a really dumb question, but I'll ask anyway. When trying to model an IV rise in the Analyze tab, TOS asks for a percentage figure. If I enter, say, 5.00%, is that the same as the VIX roughly going from 12.00 to 17.00? I don't think so, because TOS is not asking for "points" but rather a percentage. But a 5% rise from 12.00 should only be up to 12.60, correct? Thanks in advance for helping me screw my head on straight.