Cboe Plans to Launch One-Day VIX After 0DTE Options Trading Boom

Cboe Global Markets Inc. plans to launch a one-day version of its flagship VIX index after the expansion in its product offerings sparked a trading boom in short-lifespan options.

The Cboe 1-Day Volatility Index (ticker VIX1D) is scheduled to start Monday, according to a notice on the website of the Chicago-based exchange. The company already publishes options-derived volatility measures for intervals of one month (ticker VIX) and nine days (VIX9D).

Wall Street analysts have raised concern that the widely followed VIX may fail to capture the full picture of trader sentiment with investors increasingly pivoting toward S&P ...