OptionsHouse

Options Trading News

January 18, 2013  Fri 10:31 AM CT

SPY: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume is strong on this expiration Friday with more than 7.3 million contracts changing hands, though optionMONSTER's data systems show mixed action in the major indexes and ETFs.

The SPDR S&P 500 Fund (SPY) takes the top spot as usual on the volume list with 916,000 contracts. Interestingly, the volume is evenly split between calls and puts.

The CBOE Volatility Index (VIX) has 269,000 options traded, led by 195,000 calls. Next up are the SPDR Gold Shares Fund (GLD) contracts at 233,000, with calls outpacing puts by more than 3 to 1. The S&P 500 Index (SPX) options have traded 178,000 times, with a put/call ratio of 3 to 1.

The iShares Emerging Markets Fund (EEM) has 169,000 options changing hands, with 92,000 puts. Just behind are the iShares Russell 2000 Fund (IWM) contracts, also with a put/call ratio of 3 to 1. At the same volume are the PowerShares QQQ Trust (QQQ) options, though in that name calls just outpace puts.

The iPath S&P 500 VIX Short-Term Futures ETN (VXX) has 113,000 options traded, with 68,000 puts.
Share this article with your friends


Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Real vs. Synthetic

We now know that there are two ways of creating a call position, a put position, and a stock position. We can simply use the actual real security or we can recreate it synthetically. We can create these positions in both long and short forms and this ability sets up an interesting scenario--an arbitrage!

View more education articles »