The Chicago Board Options Exchange (CBOE) announced that Thursday's daily trading volume in CBOE Volatility Index (VIX) options reached an estimated all-time record of 712,315 contracts. This surpasses the previous daily volume record of 426,661 VIX options contracts traded on September 16, 2008.
dditionally, during November 2009, CBOE Volatility Index (VIX) options trading volume reached an all-time monthly high as 4,162,388 contracts changed hands, an average daily volume of 208,119 contracts, up 191 percent from November 2008. Year to date through November, almost 29 million VIX options have traded, making VIX options the second-most-actively traded index option at CBOE.
The CBOE Volatility Index options contract launched for trading in 2006, following the introduction of VIX futures in 2004.