Options Trading News

August 23, 2013  Fri 10:36 AM CT

Total option volume is just over 6 million contracts so far today with relatively bullish sentiment in leading indexes and ETFs, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (SPY) has 712,000 options traded, with puts slightly outnumbering calls. The PowerShares QQQ Trust (QQQ) has seen 180,000 options turn over, with 105,000 puts.
The iShares Russell 2000 Fund (IWM) has volume of 135,000, with 84,000 puts. The SPDR Gold Shares Fund (GLD) has 126,000 changing hands, with calls outnumbering puts by almost 2 to 1.

Close behind are the CBOE Volatility Index (VIX) options at 125,000, domimated by 108,000 calls. And the iPath S&P 500 VIX Short-Term Futures Note (VXX) has 108,000 options moving, with puts slightly outpacing calls.
Share this article with your friends

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


The fastest money in the market
View full report »

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 »