Midday index, ETF option volumes

Total option volume is running about average at 5.8 million contracts so far today, with mixed sentiment in the big indexes and ETFs, according to optionMONSTER data systems.

The SPDR S&P 500 Fund (:SPY) has 747,000 options traded, with a put/call ratio of almost 2 to 1. Next up is the S&P 500 Index (:SPX) at 230,000 contracts, with 143,000 puts. Just behind is the iShares Russell 2000 Fund (IWM) at 229,000 options, dominated by 191,000 puts.

The CBOE Volatility Index (:VIX) has 134,000 contracts changing hands, led by 98,000 calls. The PowerShares QQQ Trust (:QQQ) has 123,000 options traded, with 69,000 calls.

The iPath S&P 500 VIX Short-Term Futures Note (VXX) has volume of 92,000 as calls slightly outpace puts. And the iShares Emerging Markets Fund (EEM) has seen 69,000 contracts turn over, with 43,000 puts.


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