The Options Insider

October 2014 Trading Volume Reported By CBOE Holdings

by | Nov 5, 2014 | Trading & Analysis

CBOE, CFE and C2 each posted all-time record monthly volumes and average daily volumes in October, and several individual products ? including S&P 500? Index options and CBOE Volatility Index? (VIX? Index) futures and options ? set monthly and daily records.

 

CBOE Trading Volume:

  • CBOE’s October volume totaled an all-time high for any month ? 144.55 million contracts ? surpassing the previous record of 144.03 million contacts from August 2011. ADV was a record 6.28 million contracts, a 26-percent increase from October 2013 and a 35-percent increase from September 2014.
  • Index options ADV was a record 2.29 million contracts, a 31-percent increase from October 2013 and a 56-percent increase from September 2014. Index options volume set a new single-day record on October 15, with 4.75 million contracts traded. In S&P 500 Index (SPX) options, October ADV was a record 1.31 million contracts, and on October 15, SPX options set a new daily volume record with 2.69 million contracts traded.
  • Exchange traded product (ETP) options ADV was 1.88 million contracts, a 53-percent increase from October 2013 and a 50-percent increase from September 2014.
  • Equity options ADV was 2.11 million contracts, a six-percent increase from October 2013 and a 10-percent increase from September 2014.
  • The five most actively traded index and ETP options at CBOE in October were options on the S&P 500 Index (SPX), Standard & Poor’s Depositary Receipt (SPY), CBOE Volatility Index (VIX Index), iShares Trust – Russell 2000? Index Fund (IWM) and PowerShares QQQ Trust (QQQ).

 

CBOE Market Share:
CBOE’s market share of total U.S. options industry volume was 29.4 percent in October 2014, an increase of 0.9 of a percentage point from October 2013 and an increase of 2.7 percentage points from September 2014.

 

C2 Trading Volume:
C2 October trading volume totaled a monthly record of 11.07 million contracts, surpassing the previous record of 8.79 million contracts traded in April 2013. ADV was a record 481,209 contracts, a 43-percent increase from October 2013 and a 33-percent increase from September 2014.