Cboe Index Options Hit Record 6.9M Daily Contracts in October
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CHICAGO – November 04, 2026 -- Cboe Global Markets' proprietary index options set a monthly average daily volume (ADV) record of 6.9 million contracts in October 2026, led by record activity in S&P 500 Index (SPX) options and mini-SPX (XSP) options.
SPX and XSP options post record monthly volumes
SPX options reached a monthly ADV record of 5.5 million contracts. XSP options set their own monthly ADV record of 303 thousand contracts.
Two record trading days fall in the same month
October produced the two most-active trading days on record for Cboe's proprietary index options. Volume reached 10.4 million contracts on October 16 and 10.2 million on October 30.
XSP options also set a daily record of 515 thousand contracts on October 30, eclipsing the previous record set on July 16, 2019.