Index, ETF option volumes near midday
Chris McKhann | firstname.lastname@example.org
Total option volume is strong again at 7.5 million contracts so far today, with the big indexes and ETFs dominating the action, optionMONSTER's data systems show.
The SPDR S&P 500 Fund has 1.3 million options traded, with puts outpacing calls by almost 2 to 1. The S&P 500 Index (SPX) has seen 280,000 contracts trade, with puts slightly outpacing calls. Just behind are the CBOE Volatility Index (VIX) options at 279,000, with slightly more calls than puts.
The iShares Russell 2000 Fund (IWM) has 243,000 contracts changing hands, with 170,000 puts. The PowerShares QQQ Trust (QQQ) options have turned over 183,000 times, with 112,000 puts. Following are the iPath S&P 500 VIX Short-Term Futures Note (VXX) options at 151,000, 83,000 of which are calls.
The SPDR Financial Fund (XLF) has 109,000 traded, with 68,000 puts. Just behind are the iShares Silver Fund (SLV) options at 108,000, 62,000 of which are puts.
Video: Huge June VIX call buy
May 22, 2015
Group One's Jamie Tyrrell says one large player purchased 140,000 July 18 calls in the VIX, adding to heavy upside buying earlier in the week.
Video: Heavy June VIX call action
May 21, 2015
A day after the May VIX contracts settled at 12.80, Group One's Jamie Tyrrell says 250,000 June calls changed hands.
Video: VIX June 17-18 call action
May 20, 2015
Following this morning's May contract settlement, Group One's Dominic Savino says traders are now targeting the VIX June 17 and 18 calls.
Video: VIX going into expiration
May 19, 2015
Group One's Jamie Tyrrell says traders are expecting a quiet May settlement tomorrow morning but are active in the June contracts.
Video: Low premium in May VIX
May 18, 2015
Group One's Jamie Tyrrell says VIX options are showing little premium levels ahead of the May settlement on Wednesday morning.