The Options Industry Council Announces November Options Trading Volume Increased 8 Percent
Chicago—December 1, 2009
The Options Industry Council (OIC) announced today total options trading volume in November reached 265,052,803 contracts, up 8.24 percent compared to November 2008 volume of 244,882,521 contracts.
Daily trading volume for November 2009 averaged 13,252,641 contracts compared to 12,888,554 contracts each day in November 2008, a 2.82 percent increase.
Year-to-date trading volume for November stood at 3,317,653,597 contracts compared to the same point last year when 3,361,205,369 contracts were traded, representing a 1.30 percent decrease. Year-to-date trading volume averaged 14,424,581 contracts each day through November, 0.87 percent lower than the 14,550,672 contracts averaged each day for the same period last year.
OIC also reported that equity options volume in November came in at 242,891,866 contracts, an increase of 8.78 percent over the 223,292,150 contracts traded during the same period last year. Daily equity options volume had an average of 12,144,593 contracts per day in November, which is 3.34 percent more than the same period last year when 11,752,218 contracts were averaged each day. Year-to-date equity options stood at 3,093,174,324 contracts, representing an increase of .39 percent compared to the same point last year when 3,081,231,110 contracts were traded.
OIC is an industry cooperative funded by the Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options, and The Options Clearing Corporation. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational Web sites at www.OptionsEducation.org, www.OptionsEducation.org/advisor and www.OICoptions.com, evening seminars throughout the continental United States and Canada, instructional DVDs and educational literature and software.
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