FRIDAY, DEC. 1, 2017 – Today’s trading volume for options on the Cboe Volatility Index® (VIX®) was a reported 3.1 million contracts, the highest number for single-day volume in the VIX options since they commenced trading in 2006.
HIGHEST VALUE SINCE AUGUST
Today the VIX Index hit an intraday high of 14.58, its highest value since August. Key news events today concerned the tax legislation in the U.S. Congress, and the plea by Michael Flynn.
VIX OPTIONS AND FUTURES VOLUME IS UP IN 2017
Average daily volume for both VIX options and VIX futures has increased in 2017, as investors use these powerful tools in a variety of ways for portfolio management.
To learn more about use of VIX options and VIX futures, please visit Cboe’s VIX webpages at www.cboe.com/VIX.