Index, ETF option volumes near midday
Chris McKhann | firstname.lastname@example.org
Total option volume tops 5.7 million contracts so far today, with relatively bullish sentiment in the leading indexes and ETFs, optionMONSTER's data systems show.
The SPDR S&P 500 Fund (SPY) has 855,000 options traded, 495,000 of which are puts. Next up are the SPDR Financial Fund (XLF) contracts at 231,000, dominated by 217,000 calls.
The S&P 500 Index (SPX) options have turned over 176,000 times, with 101,000 puts. The iShares Russell 2000 Fund (IWM) has 123,000 contracts changing hands, with a put/call ratio of almost 3 to 1.
The CBOE Volatility Index (VIX) options have traded 90,000 times, with calls outpacing puts by 2 to 1. The PowerShares QQQ Trust (QQQ) has seen 74,000 options move, evenly split between calls and puts.
Rundown of trades in financial sector
February 4, 2016
Financials have struggled since mid-January, with mixed options activity. Here's a list of noteworthy trades in the sector.
Big trade bets on bounce in financials
January 25, 2016
The SPDR Financial Fund is down 10 percent in the last month, but a large call purchase is looking for a bounce this week.
Financials get short-term upside bets
January 13, 2016
The SPDR Financial Fund is down 7 percent in the last month, but traders are looking for a quick pop by the end of next week.
How traders are playing the financials
January 12, 2016
Below is a list of noteworthy option activity for members of the SPDR Financial Fund as earning approach.