Options Market Sees Record Trading Activity with Over 62.2 Million Contracts Traded on Thursday, VIX Skew Hits High

The options market experienced a significant surge in trading activity, with over 62.2 million options contracts traded, marking one of the highest volume days in recent memory. Typically, the market averages closer to 45 million contracts per day. Additionally, trading in call options across all symbols surged to the third highest level in history on Thursday, with more than 37 million calls changing hands. This represents the highest level of the year. The CBOE Volatility Index (VIX) call options skew also hit an all-time high, according to Goldman Sachs.