CBOE's VIX Options Establish New Single-Day Volume Record

Chicago Board Options Exchange® (CBOE®) today reported that options on the CBOE Volatility Index® (VIX® index) established an all-time, single-day volume record yesterday, April 15. Options volume totaled 1,399,863 contracts, beating the previous record of 1,388,634 contracts traded on February 26, 2013.

As reported yesterday, CBOE Futures Exchange's (CFE®) VIX futures also set an all-time, single-day volume record on Monday, with 449,955 contracts changing hands. The new futures record surpassed the previous record of 302,278 contracts traded on February 25, 2013.

VIX options and futures reached record trading levels in the first quarter of this year. VIX options average daily volume (ADV) was over 630,000 contracts per day, up 30 percent from the fourth quarter of 2012 and 48 percent from first-quarter 2012. VIX futures averaged over 150,000 contracts per day through March, a 25-percent increase over the fourth quarter of 2012 and 131 percent higher than first-quarter 2012.