Interesting Metrics From Yesterday’s Sell Off (VIX)

Just wanted to clue traders into two interesting metrics about yesterday. First: The CBOE reported that options volume as a whole exploded yesterday. 16.6 million put options traded and 12.3 million call options traded, totaling 28.9 million contracts. This is very close to the record trading volume of 30.8 million contracts that traded on May 6th. Second: the CBOE Volatility Index VIX rallied 10.55 yesterday to close at 45.87, this represents the third time this year that the index has rallied more than 30% in one day.