First-day trading spikes for short-term VIX options

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First-day trading spikes for short-term VIX options

VIX

The Chicago Board Options Exchange reported that first day trading volume for its short-term volatility index options totaled an estimated 3,134. According to traders, the success of the new options with weekly expirations stems from the fact that the shorter time horizon of the VXST enables the options to be even more responsive to market moves than the longer-dated VIX.

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