OptionsHouse

Options Trading News

November 14, 2012  Wed 10:33 AM CT

SPY: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume is strong at more than 6.6 million contracts as hedging appears to be at the heart of the action in the indexes and ETFs, according to optionMONSTER's data systems.

The SPDR S&P 500 Fund (SPY) just tops 1 million contracts, led by 635,000 puts. Next up are the S&P 500 Index (SPX) options with 428,000 and a put/call ratio of more than 2 to 1.

The PowerShares QQQ Trust (QQQ) are next with 234,000 options, though in this name calls outpace slightly. The iShares Russell 2000 Fund (IWM) have 136,000 contracts changing hands, with 97,000 puts. The CBOE Volatility Index (VIX) has 118,000 optoins, dominated by 82,000 calls.

The iShares China 25 Index Fund (FXI) options have turned over 81,000 times, with puts slightly outnumbering calls. The U.S. Oil Fund (USO) has 65,000 contracts moving, with 40,000 calls.
Share this article with your friends


Related Stories

SPY

Trading the E-mini S&P 500 futures

July 30, 2015

A frequent question in trading circles here at optionMONSTER is "why would you trade the E-mini S&P 500 future when you can trade the SPDR S&P 500 ETF Trust (SPY)?"

OptionsHouse

Premium Services

Archived Webinar

Education & Strategy

Options Academy: At the Break

So far, my articles have taken you through a logical progression of option theory and fundamental concepts of options. As of yet, I have not mentioned a single strategy and for a good reason! The actual application of a strategy should come AFTER you learn about the option product itself.

View more education articles »