Total options volume tops 6 million contracts as puts dominate most of the action in the Index and ETF volumes.
The SPDR S&P 500 Fund (NYSEArca:SPY) has 662,000 options traded, puts outpacing calls more than 2-1. The iShares Russell 2000 Fund (NYSEArca:IWM) is next up with a strong 296,000, 198,000 of which are puts. The PowerShares QQQ Trust (QQQ) also tops 200,000 with 152,000 puts traded.
The S&P 500 Index (SPX) options turn over 200,000 times, also with a put to call ratio of better than 2-1. The CBOE Volatility Index (VIX) options trade 164,000 contracts, slightly more calls than puts.
The iShares Silver Fund (NYSEArca:SLV) has 146,000 options traded, 110,000 of which are calls. The SPDR Gold Shares Fund (NYSEArca:GLD) follows with 90,000 contracts, though a slight majority of that action is in the puts.
More From optionMONSTER
- Largest option buying in equities so far
- Index, ETF option volumes near midday
- Time strategy used in Statoil spread