Market News

June 13, 2013  Thu 10:17 AM CT

Total option volume just tops 5.6 million contracts so far today, with mixed action in the top indexes and ETFs, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (SPY) has 935,000 options traded, with puts slightly outpacing calls. Next up are the S&P 500 Index (SPX) options at 288,000, with 187,000 puts. The CBOE Volatility Index (VIX) has the same number of options, though 196,000 of those are calls.

The iShares Russell 2000 Fund (IWM) has 178,000 contracts changing hands, with a put/call ratio of 2 to 1. Just behind is the PowerShares QQQ Trust (QQQ) at 176,000, with 94,000 puts. The iPath S&P 500 VIX Short-Term Futures Note (VXX) has seen 175,000 contracts turn over, with 112,000 calls.

The iShares Emerging Markets Fund (EEM) has 121,000 options traded, with slightly more puts than calls. The SPDR Financial Fund (XLF) has volume of 52,000 options, with 46,000 puts.
News Archives

Education & Strategy

Using puts to BUY stock

Puts are an options contract that gives buyers the right to sell their stock for a set price on or before a future date. However, puts can also be an effective way to BUY stock.

More education articles »