Another Top 5 VIX Volume Day

As I type I have the theme from Rawhide running through my mind (rolling, rolling, rolling). 

Yesterday we saw strong volume in VIX futures trading and as it’s rolling time where November positions are being closed out and December positions are being opened VIX futures trading topped yesterday’s trading slightly. As with yesterday the bulk of trading (about 59,000 contracts each) was in November and December contracts. The top 5 volume days for VIX trading are now –

September 13, 2012 – 190,081

October 23, 2012 – 179,855

November 7, 2012 – 179,761

November 15, 2012 – 171,002 (today)

November 14, 2012 – 169,635 (yesterday)


With November VIX open interest at 72,322 contracts we have a chance to see another big day in trading tomorrow.