All-time Record Volume for VIX Options During the 2 A.M. to 8:15 A.M. CT Session

A news story on Bloomberg recapping the July 8 trading in China noted that –

“The Shanghai Composite Index slid 5.9 percent to 3,507.19 at the close. With at least 1,331 companies halted on mainland exchanges and another 747 falling by the 10 percent daily limit, sellers were locked out of 72 percent of the Chinese market. … “

Many investors who are concerned about worldwide market volatility related to developments in China and Greece are exploring the use of futures and options on the CBOE Volatility Index® (VIX®) around the clock to help manage portfolio volatility. Key recent points include –

  • All-time record volume of 8,848 contracts (estimated) during 2 to 8:15 a.m. CT Extended Trading Hours session was established for VIX options on July 8;
  • VIX July futures rose to an intraday high of 15 just before 3 a.m. CT on July 8;
  • VIX futures had strong volume of more than 31,600 contracts during Extended Trading Hours session from 3:30 p.m. Tuesday through 8:30 a.m. CT Wednesday.

For more information on Extended Trading Hours, please visit

VIX July fut intrady July 8