Y-T-D Volume in 2014 – SPX Weeklys Up 37.6%; VIX Options Up 28.7%

As shown in the charts below, key index products continue to have strong volume trends in 2014; here are the percentage changes for average daily volume in the period of Jan. through April 2014 over the figures for the entire year of 2013 –

  • S&P 500® Weekly Options (SPXW) – Up 37.6%
  • S&P 500 Options – Up 3.1%
  • Options on the CBOE Volatility Index® (VIX®) – Up 28.7%
  • Futures on the CBOE Volatility Index (VIX) – Up 28.7%

Interest in use of index options and VIX futures continues to grow, as investors look for tools to enhance yields and manage portfolio volatility. I have received several recent investor inquires about the possibility of use of S&P 500 Weekly options, and a paper by  Russell Investments at a CBOE web page – Capturing the Volatility Premium through Call Overwriting – discusses the potential for added yields with the selling of S&P 500 Weekly options.

11SPX  SPXW Volu thru Apr

12VIX Volu thru Apr

All the above products will be discussed by industry experts at the 3rd Annual CBOE RISK MANAGEMENT CONFERENCE EUROPE to be held Sept. 3 – 5, 2014, at Powerscourt Resort, County Wicklow, Ireland.