OptionsHouse

Options Trading News

February 15, 2013  Fri 10:20 AM CT

SPY: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume has picked up today with more than 6.7 million contracts changing hands so far, led by action in major indexes and ETFs, according to optionMONSTER data systems.
 
The SPDR S&P 500 Fund (SPY) has 1 million options traded, with puts slightly outpacing calls. Next up are the S&P 500 Index (SPX) options at 240,000, dominated by 175,000 puts. Also with 240,000 are the SPDR Gold Shares Fund (GLD) options as puts slightly outpacing calls.

The CBOE Volatility Index (VIX) has 187,000 options changing hands, led by 120,000 calls. Following are the iShares Russell 2000 Fund (IWM) contracts at 173,000, with 104,000 puts.

The iPath S&P 500 VIX Short-Term Futures Note (VXX) has seen 120,000 options trade, evenly split between calls and puts. The PowerShares QQQ Trust (QQQ) has 80,000 contracts turning over, with calls just outnumbering puts.
Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

View more education articles »