OptionsHouse

Options Trading News

December 7, 2012  Fri 10:27 AM CT

SPY: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume remains steady with a bit more than 5 million contracts so far today, as sentiment is quite bullish in the top indexes and ETFs, optionMONSTER's data systems show.

The SPDR S&P 500 Fund (SPY) leads the way again at 835,000 contracts, with calls outpacing at 421,000. Next up are the S&P 500 Index (SPX) options at 241,000, with 125,000 calls. The CBOE Volatility Index (VIX) options are also at 241,000, with 177,000 calls.

The PowerShares QQQ Trust (QQQ) has 150,000 contracts changing hands, led by 89,000 puts. The SPDR Gold Shares Fund (GLD) options are just behind at 140,000, with  80,000 calls. And the iShares Russell 2000 Fund (IWM) has 114,000 options turning over, dominated by 89,000 puts.
Share this article with your friends


OptionsHouse

Premium Services

Upcoming Webinar:

How to Defend Your Portfolio and Profit in a Market Selloff

http://bit.ly/1OSMWU6

Jon Najarian and Sandy Chaikin of Chaikin Analytics demonstrate how to play defense when the market is selling off. And, how to turn misery into money, whether investing in stocks or trading options.

Education & Strategy

The sweet spot

When using the Stock Replacement Strategy, we must remember that in reality, we are doing a STOCK trade. We are just using options. We are replacing the stock position with an option position (long calls).

View more education articles »