Options Trading News

May 9, 2013  Thu 10:20 AM CT

Total option volume is closing in on 6 million contracts, with the typical indexes and ETFs dominating the action, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (SPY) has 836,000 options traded, with 540,000 puts. The iShares Russell 2000 Fund (IWM) has seen 415,000 contracts turn over, dominated by 372,000 puts. The S&P 500 Index (SPX) options round out the top three with 275,000, evenly split between calls and puts.

The PowerShares QQQ Trust (QQQ) has 163,000 options traded, with calls outpacing puts by 2 to 1. The CBOE Volatility Index (VIX) has 146,000 contracts changing hands, with 80,000 calls. The iPath S&P 500 VIX Short-Term Futures Note (VXX) has 131,000 options traded, with 78,000 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 »