The Chicago Board Options Exchange (CBOE) announced that on Monday, October 6, several records were established at the Exchange as trading in S&P 500 Index (SPX) options soared to a new all-time high and the CBOE Volatility Index (VIX) reached record levels both intra-day and at the close of trading.
Trading volume in S&P 500 Index (SPX) options set a new record as a reported 2,182,562 contracts traded on Monday, October 6, topping the previous high of 2,070,573 contracts traded on August 16, 2007. SPX options are CBOE's most actively traded contract, with an average daily volume of 670,629 contracts per day year-to-date.
Additionally, total exchange volume at CBOE on Monday was a reported 9,568,382 contracts, ranking as the third busiest single day in CBOE history.
The CBOE Volatility Index (VIX), a benchmark that tracks investor sentiment, set a pair of new records on Monday, October 6. A new intraday high level of 58.24 was established, as well as an all-time high close of 52.05.
