| January 04, 2023 | | | | | Jeff Bergstrom
Editor
John Lothian News | |
|
| | | | Observations & Insight | | | OCC set a clearing record of 10.38 Billion total contracts in 2022, the clearing organization announced today, with an average daily volume of 41.3 million contracts. Compared to 2021, OCC had a 4.5 percent increase in total contracts cleared. Some of the highlights were: December ETF options cleared contract volume was up 33.5% year-over-year; annual ETF options cleared contract volume was up 48.7%. December index options cleared contract volume was up 34.1% year-over-year; annual Index options cleared contract volume was up 43.3%. Stock Loan transaction volume was up 8.6% year-over-year. ~SR
| | | | | | Lead Stories | | | Bets on Stock Rally Explode After an Odd Year in Options Trading
Lu Wang - Bloomberg
Hedging against the unknown is the name of the game in the options market. One risk that traders are increasingly attuned to in equities is the chance they will rally in 2023.
Wall Street strategists doubt it and investors are positioned against it, but certain pricing trends in derivatives show fewer traders are ruling it out after last year's nearly 20% plunge in the S&P 500. The bets are far from the consensus â right now they're pricing in a 1-in-5 chance the S&P 500 essentially reverses the decline in 2023, according to an analysis of implied volatility by Susquehanna International Group. But that's a lot better odds than were being placed this time last year, when they stood at 1-in-20 for such an advance.
/jlne.ws/3VEWMlq
This Contrarian Stock Market Signal Is Losing Predictive Power; Put/call ratio spikes not a 'buy' signal for stocks anymore; Picture is being blurred by large market players, CBOE says
Jan-Patrick Barnert - Bloomberg
A long-watched indicator of which way the stock market is likely to move next has lost predictive power lately, confounding investors who have come to rely on the signal embedded in options trades.
/jlne.ws/3X5Npw2
Options Trading Notches Record in 2022
Eric Wallerstein - WSJ
The options boom toppled 2021's record activity to set a new high last year.
More than 41 million U.S.-listed contracts changed hands on an average day in 2022. That was a 5% jump from the prior year and the most since the market's inception in 1973, according to Options Clearing Corp. data.
/jlne.ws/3CLoJ4z
Investors Are Increasingly Bullish On Oil Despite Demand Woes
Markets Insider
Hedge funds and other portfolio managers boosted their bullish bets on crude oil at the end of 2022 despite concerns about demand in the immediate term in the world's top crude oil importer, China, and persistent fears of slowing economies.
Investors raised their net long position - the difference between bullish and bearish bets - in all major petroleum-related futures and options contracts in the week ending December 27, data from exchanges showed. The rise in long positions was led by the biggest jump in bullish bets in Brent Crude in 17 months.
/jlne.ws/3X03Z0g
| | | | | | Exchanges | | | OCC Clears Record-Setting 10.38 Billion Total Contracts in 2022
OCC
OCC, the world's largest equity derivatives clearing organization, announced today that 2022 set a new annual cleared contract volume record with 10.38 billion contracts cleared and an average daily volume of 41.3 million contracts. Compared to 2021, OCC had a 4.5 percent increase in total contracts cleared.
/jlne.ws/3GFjs0o
CME Group Reports Record Average Daily Volume of 23.3 Million Contracts Traded in 2022, an Increase of 19%; Equity Index ADV grew 39% for the year and 26% in Q4; Interest Rate ADV up 18% annually, driven by record SOFR volume and O1; Highest-ever Q4 ADV
CME Group
CME Group, the world's leading derivatives marketplace, today reported its full-year, Q4 and December 2022 market statistics, showing it reached a record average daily volume (ADV) of 23.3 million contracts during the year, an increase of 19% over 2021. ADV increased 6% in the fourth quarter to 21.8 million contracts, and ADV increased 7% in December to 19.2 million contracts. Annual, quarterly and monthly market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.
/jlne.ws/3VEooqV
Full year and December 2022 figures at Eurex
Eurex
Eurex, the leading European derivatives exchange, ended the year with an 8 percent increase in traded contracts in December compared to December 2021, led by interest rate derivatives with plus 24 percent. Overall, volumes in 2022 grew by 15 percent to 1,955.7 million contracts. Over the complete year 2022, index derivatives and interest rate derivatives grew similarly, by 21 percent and 20 percent respectively.
/jlne.ws/3vFoGTC
| | | | | | Regulation & Enforcement | | | Regulators Warn Banks on Crypto After FTX Collapse
Janet H. Cho - Barron's
The Federal Reserve's Board of Governors and other bank regulatory agencies on Tuesday issued a joint statement highlighting key risks for banking organizations.
The statement outlines several risks associated with crypto assets and the crypto-asset sector, including the potential for scams and fraud. The statement, highlighting the "significant volatility and vulnerabilities over the past year," comes less than two months after the collapse of the crypto exchange FTX.
/jlne.ws/3WY7XqA
| | | | | | Education | | | OIC 2023 Educational Series: Options Basics, Options Pricing and the Greeks
The Options Industry Council (OIC)
As a new year begins,OICSM is proud to announce it will be providing even more educational sessions for investors over the coming months. Beginning with the first quarter of 2023, OIC has two webinars planned for each month of the year - that means six brand new events per quarter and double last year's offering.
While all OIC webinars during the year will be stand-alone learning opportunities, every month will be structured with a theme designed to make attending both monthly webinars into an even richer experience for viewers.
/jlne.ws/3GgxAMu
| | | | | | Strategy | | | Volatility Outlook
Cboe (Video)
Tim Biggam @Delta_Desk talks $VIX, #Futures, and #Straddle in today's #Vol411
/jlne.ws/3vE5VjB
| | | | | | Miscellaneous | | | TradeStation Celebrates 40 Years of Innovation
Cision
TradeStation Group, Inc. (TradeStation), which through its operating subsidiaries provides award-winning*, self-clearing online brokerage services for trading stocks, ETFs, options, futures and cryptocurrencies, is celebrating its 40th anniversary as an innovative fintech company known for its reliable, multi-asset trading platform. Founded in 1982, TradeStation aims to offer the ultimate trading experience.
/jlne.ws/3CmcivK
| | | | | | | | | JLN Options is sponsored by: | | | | | | | | | | | | | | | | | | | |
|
|
| | | |
| | | | John Lothian News (JLN) is the news division of John J. Lothian & Company, Inc. (JJLCO). The online media and financial services firm is staffed by derivatives industry, journalism and technology professionals. | | | | | | | John Lothian News Editorial Staff: | | | John Lothian
Publisher | | | Sarah Rudolph
Editor-in-Chief
| | | Jeff Bergstrom
Editor
| | |
|
|
Disclaimer: All John Lothian Newsletters, JohnLothianNews.com, MarketsWiki.com and MarketsReformWiki.com are products of John Lothian News, a division of John J. Lothian & Company, Inc. The opinions expressed in all John J. Lothian & Company, Inc. publications are strictly those of their respective editors. They are intended solely for informative purposes and are not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Security futures are not suitable for all customers. Futures and options trading involve risk. Past results are no indication of future performance. Nothing on any John J. Lothian & Company site should be considered an endorsement by any sponsor of any website or newsletter content.
© 2023 John J. Lothian & Company, Inc. All Rights Reserved. |
|
|
