U.S. Markets close in 1 hr 14 mins

Index, ETF option volumes near midday

Chris McKhann (chris.mckhann@optionmonster.com)

Total option volume is light at fewer than 4 million contracts, while hedging appears to be leading the way in the indexes and ETFs, according to optionMONSTER's data systems.

The SPDR S&P 500 Fund (SPY) has just 627,000 options traded, with 372,000 puts. Next are  the iShares Russell 2000 Fund (IWM) with volume of just 190,000 and a put/call ratio of 2 to 1.

The CBOE Volatility Index (:VIX) options have turned over 132,000 times, dominated by 109,000 calls. The S&P 500 Index (:SPX) contracts have changed hands 114,000 times, with a put/call ratio of more than 3 to 1. The PowerShares QQQ Trust (QQQ) options have also broken  the 100,000 mark and show 70,000 puts.

The iShares Emerging Markets Fund (EEM) sees 70,000 contracts trading, evenly split between calls and puts. And the SPDR Financial Fund (XLF) has 69,000 options have moved, with slightly more calls than puts.

More From optionMONSTER