### Comment:
Its the PRICE (premium) of SPX options. Not the volume.  
  
 If thousands of WSB retards all buy tens of thousands of puts and calls but do not drive up the premium the vix will not go sky high.  
  
 But you clearly have a rock solid understanding of this so carry on with whatever it is you think you are doing.

### REPLY:
Yes I suppose you're right. Anyways the calculation can be found here : 
  
 https://www.investopedia.com/articles/active-trading/070213/tracking-volatility-how-vix-calculated.asp

### END.