*Insights
Market Metrics and Trends
- Published on:
- November 10, 2025
- Issue:
A Look at Monthly Volatility and Equity and Options Volumes
Market Theme
- Markets continue to push upward, posting a record S&P 500 level of 6,890.89 on October 28th.
- The S&P 500’s concentration has continued to intensify, as high-growth stocks command larger index weights, contributing to rising valuations and earnings expectations.
Market Metrics
- Volatility Index (VIX): Monthly average 18.09%; +2.31 pp M/M, -1.87 pp Y/Y
- S&P 500 (Index): Monthly average 6,735.69; +2.3% M/M, +16.3% Y/Y
- S&P 500 Sector Performance:
- Best = Technology +6.2% M/M / Technology +29.3% Y/Y
- Worst = Materials -5.1% M/M / Consumer Staples -0.6% Y/Y
- Equity Average Daily Volume (ADV): Monthly average 21.0 billion shares; +14.7% M/M, +80.0% Y/Y
- Options ADV: Monthly average 70.7 million contracts; +9.2% M/M, +49.9% Y/Y
Featured Charts
Author
Matthew Paluzzi
Research Associate
SIFMA Insights
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