Options Trading News

September 27, 2012  Thu 10:17 AM CT

optionMONSTER's index, ETF option volumes near midday

Total option volume is light so far today at 4.3 million contracts, and trading in the indexes and ETFs dominates the action.

The SPDR S&P 500 Fund (SPY) has 606,000 options traded, with 330,000 puts. Next up are the S&P 500 Index (SPX) options with 175,000 as puts outpace calls by more than 2 to 1. Not far behind are the iShares Russell 2000 Fund (IWM) contracts at 164,000, with a similar put to call ratio.

The iPath S&P 500 VIX Short-Term Futures ETN (VXX) has seen 132,000 options change hands, with slightly more puts than calls. The PowerShares QQQ Trust (QQQ) has 118,000 contracts, as calls slightly outpace puts.

The SPDR Gold Fund (GLD) is the only other index or ETF to top 100,000, as it come in with 112,000, 70,000 of which are calls. The CBOE Volatility Index (VIX) option volume is under its daily average with only 63,000 traded so far, with calls outpacing puts by 2 to 1.
Share this article with your friends


Premium Services

Education & Strategy

The art of trading

As I stated in last week's article, a break out or a break down needs to have a couple things happen before it is considered a confirmed break out or break down. The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »