OptionsHouse

Options Trading News

March 12, 2014  Wed 10:18 AM CT

GLD: SEE CHART GET CHAIN FIND STRATEGIES
Total option volume has picked up today but is still a bit short of average with 5.3 million contracts trading so far, as the big indexes and ETFs lead the way, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (SPY) has 801,000 options traded, with 507,000 puts. Next up is the S&P 500 Index (SPX) at 270,000 contracts, with 160,000 puts. Following closely is the CBOE Volatility Index (VIX) at 254,000 options as calls outpace puts by almost 4 to 1.

The iShares Russell 2000 Fund (IWM) has 231,000 contracts changing hands, with puts outpacing calls by more than 2 to 1. The PowerShares QQQ Trust (QQQ) has volume of 165,000, with 105,000 puts.

The SPDR Gold Shares Fund (GLD) has seen 95,000 options turn over,  dominated by 76,000 calls. The iShares Emerging Markets Fund (EEM) has 82,000 contracts moving, with 68,000 puts. And the iPath S&P 500 VIX Short-Term Futures Note (VXX) has 71,000 options trading as calls slightly eclipse puts. 
Share this article with your friends


Related Stories

GLD

Large position looks for gold to shine

January 25, 2016

The SPDR Gold Trust is down 6 percent in the last three months, but a large call spread is looking for a rebound by mid-April.

OptionsHouse

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 »