Options Trading News

June 27, 2013  Thu 10:29 AM CT

Total option volume remains strong today as 6.6 million contracts have traded so far, with mixed action in the major indexes and ETFs, according to optionMONSTER tracking systems.

More than 1.2 million options have turned over in the SPDR S&P 500 Fund (SPY) with a put/call ratio just shy of 2 to 1. Next up are the S&P 500 Index (SPX) options at 304,000, with a similar ratio. The CBOE Volatility Index (VIX), which is derived from those SPX options, has seen 226,000 contracts of its own change hands, with 143,000 calls.

The iShares Emerging Markets Fund (EEM) has 160,000 options traded, led by 96,000 calls. Close behind is the iShares Russell 2000 Fund (IWM) at 155,000 options, with 92,000 puts.

The SPDR Gold Shares Fund (GLD) has 150,000 contracts moving, 102,000 of which are calls. And the iPath S&P 500 VIX Short-Term Futures Note (VXX) has 123,000 options traded, with 75,000 calls.
Share this article with your friends

Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

The covered call and unhedged risk

I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

View more education articles »