OptionsHouse

Options Trading News

May 24, 2013  Fri 10:27 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume is just over 6.1 million contracts so far today, with the typical indexes and ETFs leading the action, according to optionMONSTER data systems.

More than 1.3 million options have traded in the SPDR S&P 500 Fund (SPY), with 758,000 puts. Next up are the S&P 500 Index options at 340,000 and a put/call ratio of more than 2 to 1.

The iShares Russell 2000 Fund (IWM) has seen 314,000 contracts turn over, with a put/call ratio topping 5 to 1. The iShares Emerging Markets Fund (EEM) has 270,000 options traded as 262,000 puts dominate that volume. (See related story)

Following closely are the PowerShares QQQ Trust (QQQ) options at 256,000, with puts slightly outpacing calls. The CBOE Volatility Index (VIX) has 152,000 options traded, with 93,000 calls. Just behind are the iPath S&P 500 VIX Short-Term Futures Note (VXX) contracts at 150,000, with puts just outnumbering calls.
Share this article with your friends


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Upcoming Webinar:

Using Options For Income

http://bit.ly/1nY1OKA

Jon Najarian and Adam Mesh of Options Wealth Machine discuss a detailed strategy utilizing credit spreads to generate income, and how any level of trader can use this simple trading technique.

Education & Strategy

Sweet Spot Exceptions

As discussed last week, when using the Stock Replacement Strategy to replace a stock position to trade direction, we want to use an option that has very similar characteristics to the stock. We talked about using the deep in-the-money, 80 to 85 delta option that is similar in the Greeks and has relatively little extrinsic value which tends to work against us in stock directional trading.

View more education articles »