In January 2013 both options and futures on the CBOE Volatility Index® (VIX®) established new all-time monthly volume records.
VIX Index options recorded their best month ever with an average daily volume (ADV) of 680,822 contracts, exceeding the previous record ADV of 582,022 contracts in August 2011. Total volume for the month was 14.3 million contracts, also a new record.
VIX futures monthly trading volume and ADV established all-time highs in January 2013. Nearly 2.9 million VIX futures contracts changed hands, beating the previous record of over 2.7 million contracts traded in November 2012. The record VIX futures ADV in January was 137,988 contracts, up 241 percent and 13 percent, respectively, from 40,439 contracts in January 2012 and 121,782 contracts in December 2012. VIX futures also set new open interest records on four consecutive days in January, culminating on January 16 with record open interest of 472,403 contracts. To learn more about VIX futures and options and how these tools can be used in your portfolio, please visit www.cboew.com/VIX.