Options Trading News

January 3, 2013  Thu 10:21 AM CT

Total option volume is at 5.8 million contracts so far today, dominated by action in the major indexes and ETFs, according to optionMONSTER's data systems.

The SPDR S&P 500 Fund (SPY) tops the action as usual, today with 745,000 contracts traded as puts barely outpace calls. Next up are the CBOE Volatility Index (VIX) options at 391,000, with 210,000 calls. The S&P 500 Index (SPX) options have traded 265,000 contracts, with 156,000 puts.

The iShares Emerging Markets Fund (EEM) has seen 196,000 options change hands, with calls outpacing puts by 3 to 1. The SPDR Gold Shares (GLD) has 101,000 contracts turning over, with calls outnumbering puts by 2 to 1.

The iShares MSCI Japan Fund (EWJ) has 82,000 options moving, with fewer than 500 puts. The iShares Russell 2000 Fund (IWM) also has volume of 82,000 but is led by 55,000 puts. The PowerShares QQQ Trust (QQQ) has 69,000 options traded, with puts just outpacing calls.
Share this article with your friends


Premium Services

Archived Webinar

Education & Strategy

The covered call and unhedged risk

I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

View more education articles »