The Options Insider

November 2014 Trading Volume Reported By CBOE Holdings

by | Dec 2, 2014 | Industry

CBOE Holdings, Inc. reported? that trading volume for options contracts on Chicago Board Options Exchange? (CBOE?) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures ExchangeSM (CFE?) totaled 85.57 million contracts in November.

Average daily volume (ADV) was 4.50 million contracts, a two-percent decrease from November 2013 and a 36-percent decrease from October 2014, the busiest month ever in CBOE Holdings? history.

 

CBOE Trading Volume:

  • CBOE?s November volume totaled 77.04 million contracts, and ADV was 4.05 million contracts, a three-percent decrease from November 2013 and a 35-percent decrease from October?s ADV, which was an all-time high.
  • Index options ADV was 1.27 million contracts, a two-percent decrease from November 2013 and a 45-percent decrease from record monthly ADV in October.
  • Exchange traded product (ETP) options ADV was 979,100 contracts, even with November 2013 and a 48-percent decrease from October.
  • Equity options ADV was 1.81 million contracts, a five-percent decrease from November 2013 and a 14-percent decrease from October.
  • The five most actively traded index and ETP options at CBOE in November 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 26.1 percent in November 2014, a decrease of 0.5 of a percentage point from November 2013 and a decrease of 3.3 percentage points from October.

 

C2 Trading Volume:

C2 November trading volume totaled 5.86 million contracts. ADV was 308,400 contracts, a nine-percent increase from November 2013 and a 36-percent decrease from October 2014?s all-time-high ADV.

 

C2 Market Share:

C2 market share of total industry volume in November 2014 was two percent, an increase of 0.2 of a percentage point from November 2013 and a decrease of 0.3 of a percentage point from October.

 

CBOE Futures Exchange Trading Volume and Highlights

  • November ADV for VIX futures was 140,325 contracts, up 11 percent from November 2013 and down 57 percent from October?s record ADV.
  • Through the end of November, VIX futures volume and ADV were up 24 percent from the same period a year ago.?