On Monday, the Options Industry Council (OIC) announced that 389,821,135 total options contracts traded in January, up 7.96 percent compared to last January when 361,071,621 contracts traded.
With last month’s volume, it set the record for the highest January volume and seventh highest monthly volume ever. Average daily volume for the month increased 7.96 percent with 18,562,912 contracts compared to last January?s 17,193,887 contracts.
January equity options volume was 351,650,970 contracts, a 7.45 percent increase from last year when 327,265,575 contracts traded. Average daily volume for equity options in January was 16,745,284 contracts–a 7.45 percent increase over the same period last year when 15,584,075 contracts exchanged hands.