Index, ETF option volumes near midday

Overall option volume totals 5.8 million contracts so far today, with the typical names leading the way in the indexes and ETFs, optionMONSTER's data systems show.

The SPDR S&P 500 Fund (SPY) has 1 million options traded, led by 669,000 puts. Next up are the S&P 500 Index (:SPX) options at 301,000, with 172,000 puts. Just behind are the CBOE Volatility Index (:VIX) contracts at 292,000 as calls outpace by more than 3 to 1.

The PowerShares QQQ Trust (QQQ) has seen 228,000 contracts change hands, exactly evenly split between calls and puts. The iShares Russell 2000 Fund (IWM) has 152,000 options turning over, with a put/call ratio of 3 to 1.

The iShares Emerging Markets Fund (EEM) has 92,000 options changing hands, with calls slightly outpacing puts. And the iShares China 25 Index Fund (FXI) has 75,000 contracts traded, with 41,000 puts.

More From optionMONSTER

Advertisement