The CBOE Volatility Index VIX options set a volume record on Tuesday.
Options volume reached an estimated 1.78 million contracts on Tuesday. That contrasts with a daily average of slightly above 565,000 contracts traded in the first nine months of the year.
Options volume reached an estimated 1.78 million contracts on Tuesday. That contrasts with a daily average of slightly above 565,000 contracts traded in the first nine months of the year.
The Chicago Board Options Exchange VIX, often referred to as Wall Street’s fear gauge, is a 30-day forecast of stock market volatility measured using a strip of near-term S&P 500 options.
