Options Trading News

January 10, 2013  Thu 10:13 AM CT

Total option volume is 5.4 million contracts so far today, with mixed action in the indexes and ETFs, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (SPY) takes its usual place at the top of the volume list with 487,000 contracts and a put/call ratio of 2 to 1. The S&P 500 Index (SPX) options have traded 191,000 contracts, with 105,000 puts. The CBOE Volatility Index (VIX) has seen 161,000 change hands, with calls outpacing puts by 3 to 1.

Just behind are the PowerShares QQQ Trust (QQQ) contracts at 155,000, with 85,000 puts. The iShares Russell 2000 Fund (IWM) has 108,000 contracts trading, with slightly more calls than puts. The SPDR Gold Shares Fund (GLD) has 84,000 options moving, with 55,000 calls.
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 »