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The Options Industry Council Announces October Volume Increased 14 Percent
Chicago—November 1, 2011
The Options Industry Council (OIC) announced today that 390,982,436 total options contracts changed hands in October, a 14.32 percent increase over October of last year when 342,006,211 contracts were traded.
Average daily volume in October was 18,618,211 contracts, 14.32 percent more than the 16,286,010 contracts in October 2010. Year-to-date volume through October stood at 3,898,045,930 contracts compared to 3,205,815,947 contracts traded in the same period last year, representing a 21.59 percent increase. Year-to-date average daily volume was 18,562,123 contracts, up 21.01 percent over 15,338,832 contracts through October of last year.
OIC also reported equity options volume experienced an increase of 12.82 percent with 360,081,121 contracts exchanged in October compared to 319,169,334 contracts for the same year-ago period. Equity options volume on average each day in October was 17,146,720 contracts, up 12.82 percent compared to 15,198,540 contracts for the same month last year. Year-to-date equity options volume through October stood at 3,608,405,887 contracts compared to the same point last year when 2,961,173,470 contracts were traded, representing a 21.86 percent increase.
OIC is an industry cooperative funded by BATS Options, Boston Options Exchange, Chicago Board Options Exchange, C2, International Securities Exchange, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options and OCC. 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: Investor Services live help at 1-888-OPTIONS, educational websites at www.OptionsEducation.org, www.OptionsEducation.org/advisor and www.OptionsEducation.org/institutional, live seminars throughout the continental United States and Canada, instructional DVDs and educational literature.
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