CHICAGO (December 1, 2014) - The Options Industry Council (OIC) announced today that 294,770,356 options contracts traded in November, down 6.26 percent compared to last November’s 314,465,376 contracts.
Year-to-date trading volume stood at 3,910,760,808 contracts, up 3.16 percent compared to the 3,791,066,303 contracts traded in the same period last year. 2014 looks to be on track to be the second highest volume year on record. With one less trading day than last November, average daily volume was 15,514,229 contracts, 1.33 percent less than last November’s 15,723,269 contracts.
Year-to-date equity options volume (options on individual stocks and ETPs) was up with 3,526,952,540 contracts traded, which is 2.65 percent more than the 3,435,868,801 contracts traded at the same point last year. Equity options for the month came in at 269,965,859 contracts, 6.23 percent less than last November when 287,887,380 contracts were exchanged. Average daily volume for equity options in November came in at 14,208,729 contracts, off of last year’s 14,394,369 contracts by 1.29 percent.
The Options Industry Council (OIC) is an industry cooperative funded by the U.S. options exchanges and OCC. OIC’s mission is to provide free and unbiased education to investors and financial advisors about the benefits and risks of exchange-traded equity options. OIC delivers its education through the Options Education Program, a structured platform offering live seminars, self-directed online courses, mobile tools, podcasts, webinars and live help. OIC’s resources can be accessed online at OptionsEducation.org, via mobile app for iOS, or by phone at 1-888-OPTIONS.