|
2017 Options Volume
Equity index options volume up 11 percent in December and up 15 percent from 2016 On January 2, OCC announced 2017 volume reached the third highest total cleared contract volume ever with 4,327,576,930 contracts, a four percent increase from the 4,167,747,777 cleared contracts in 2016. December cleared volume was 346,006,092 contracts, up three percent from December 2016. OCC also reported record-breaking 2017 volume for cleared futures with 138,029,762 cleared contracts; a 32 percent increase from 2016. Options: Exchange-listed options volume was up three percent in 2017 with 4,189,547,168 contracts. Total options volume in December was 335,958,673 contracts, up three percent from December 2016. Average daily options volume in 2017 was up four percent with 16,691,423 contracts. Equity options volume last month was 295,021,139 contracts, up one percent from December 2016. This includes cleared ETF options volume of 129,784,607 contracts last month, a decrease of three percent from December 2016 volume of 133,444,839 contracts. Index options volume in December was up 11 percent with 40,937,534 contracts. | OCC CLEARED CONTRACT VOLUME DECEMBER 2017 | |  | Dec 2017 Total Contract Volume | Dec 2016 Total Contract Volume | Dec Total Contract % Change vs. 2016 | YTD. Avg. Daily Contract 2017 | YTD. Avg. Daily Contract 2016 | Avg. Daily Contract % Change vs. 2016 | | Equity Options | 295,021,139 | 290,719,340 | 1.48% | 14,697,265 | 14,390,698 | 2.13% | | ETF Options | 129,784,607 | 133,444,839 | -2.74 | 6,362,264 | 6,551,245 | -2.88% | | Index Options | 40,937,534 | 36,770,165 | 11.30% | 1,994,157 | 1,733,207 | 15.10% | | Total Options | 335,958,673 | 327,489,505 | 2.59% | 16,691,423 | 16,123,905 | 3.52% | | Total Futures | 10,047,419 | 9,586,613 | 4.81% | 549,919 | 414,776 | 32.60% | | Total Volume | 346,006,092 | 337,076,118 | 2.65% | 17,241,342 | 16,538,682 | 4.25% |
| OCC Cleared Options Volume: 2012-2017 | | Year | Equity | Index/Other | Options Total | | 2012 | 3,681,820,659 | 322,050,649 | 4,003,871,308 | | 2012 | 3,725,864,134 | 385,411,525 | 4,111,275,659 | | 2014 | 3,845,073,167 | 420,295,640 | 4,265,368,807 | | 2015 | 3,727,919,066 | 415,718,205 | 4,143,637,271 | | 2016 | 3,626,455,947 | 436,768,249 | 4,063,224,196 | | 2017 | 3,689,013,636 | 500,533,532 | 4,189,547,168 |
December 2017 Exchange Market Share
| Exchange | Equity | Index/Other | Exchange Total | | Â | Volume | Market Share | Volume | Market Share | Volume | Market Share | | AMEX | 27,028,242 | 9.16% | 3,246 | 0.01% | 27,031,488 | 8.05% | | ARCA | 25,073,145 | 8.50% | 3,418 | 0.01% | 25,076,563 | 7.46% | | BATS | 30,055,345 | 10.19% | 0 | 0.00% | 30,055,345 | 8.95% | | BOX | 6,013,413 | 2.04% | 0 | 0.00% | 6,013,413 | 1.79% | | C2 | 11,123,233 | 3.77% | 183,767 | 0.45% | 11,307,000 | 3.37% | | CBOE | 48,516,316 | 16.45% | 40,429,813 | 98.76% | 88,946,129 | 26.48% | | EDGX | 6,116,277 | 2.07% | 0 | 0.00% | 6,116,277 | 1.82% | | GEM | 14,587,632 | 4.94% | 12,826 | 0.03% | 14,600,458 | 4.35% | | ISE | 26,367,331 | 8.94% | 96,275 | 0.24% | 26,463,606 | 7.88% | | MCRY | 496,415 | 0.17% | 0 | 0.00% | 496,415 | 0.15% | | MIAX | 12,417,341 | 4.21% | 0 | 0.00% | 12,417,341 | 3.70% | | MPRL | 6,647,930 | 2.25% | 0 | 0.00% | 6,647,930 | 1.98% | | NOBO | 1,391,487 | 0.47% | 0 | 0.00% | 1,391,487 | 0.41% | | NSDQ | 24,564,006 | 8.33% | 0 | 0.00% | 24,564,006 | 7.31% | | PHLX | 54,623,026 | 18.51% | 208,189 | 0.51% | 54,831,215 | 16.32% | | OCC Totals | 295,021,139 | 100.00% | 40,937,534 | 100.00% | 335,958,673 | 100.00% |
Featured Interview A favorite interview from Options Insider RadioÂ
Options Insider Radio Interviews: Talking Taxes, Sustainability and Options with Dylan Ratigan Posted May 1st, 2017 In this episode, Mark is joined by Dylan Ratigan. You may be familiar with Dylan from: They discuss: - Covering the 2008 financial crisis in real-time
- The role in financial media in the lead-up and aftermath of the financial crisis
- Who is responsible for the financial crisis?
- Resigning from Fast Money and going to MSNBC
- President Obama's missed opportunity
- His book, Greedy Bastards: How We Can Stop Corporate Communists, Banksters, and Other Vampires from Sucking America Dry
- Will he write another book?
- His thoughts on the Trump administration's tax policy
- What would he tax instead of income?
- Are we heading toward an American oligarchy?
- How does he feel about transaction taxes?
- What is Helical Holdings, and how did he become involved?
- How his travel for Helical has changed his worldview
- How can people get involved? (Visit the website)
- His role with Tastytrade
- Is he an options guy?
Â
Upcoming Economic Reports A preview of what may move the market this week | TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | | MONDAY, JAN. 8 | | 3:00 PM | Consumer credit | Nov. | -- | $21 bln | | TUESDAY, JAN. 9 | | 6:00 AM | NFIB small-business index | Dec. | -- | 107.5 | | 10:00 AM | Job openings | Nov. | -- | 6.0 mln | | WEDNESDAY, JAN. 10 | | 8:30 AM | Import price index | Dec. | -- | 0.70% | | 10:00 AM | Wholesale inventories | Nov. | -- | -0.50% | | THURSDAY, JAN. 11 | | 8:30 AM | Weekly jobless claims | 6-Jan | -- | 250,000 | | 8:30 AM | Producer price index | Dec. | 0.20% | 0.40% | | 2:00 PM | Federal budget | Dec. | Â | Â | | FRIDAY, JAN. 12 | | 8:30 AM | Consumer price index | Dec. | 0.10% | 0.40% | | 8:30 AM | Core CPI | Dec. | 0.20% | 0.10% | | 8:30 AM | Retail sales | Dec. | 0.50% | 0.80% | | 8:30 AM | Retail sales ex-autos | Dec. | 0.40% | 1.00% | | 10:00 AM | Business inventories | Nov. | -- | -0.10% |
Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week Option Block 681: The Great 2018 Kick-Off Show Posted January 5th, 2018 Trading Block: The numbers are in for 2017 - OCC announced 2017 volume reached the third highest total cleared contract volume ever with 4,327,576,930 contracts, a 4% increase from 2016.
- December cleared volume was 346,006,092 contracts, up 3% from December 2016.
- OCC also reported record-breaking 2017 volume for cleared futures with 138,029,762 cleared contracts; a 32% increase from 2016.
- What were our top 5 Option Block episodes for 2017?
- Odd Block: Call spreads trade in (EWJ); Funky ratio call spreads in Marriott; Calls closing out in (DWDP).
Mail Block: Listener feedback Our final options question of the week for 2017 was an easy one. Quite simply: What is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! - 16% - Death of Volatility/VIX
- 32% - Rise of Bitcoin
- 49% - The Unstoppable Bull
- 3% - Other
2017 was the "Year that Volatility Died." So our first options question of the week for 2018 is a puzzler. Quite simply: where do you think $VIX will close at the end of the year? - Between 7.5-9.99
- Between 10-12.49
- Between 12.50-14.99
- Above 15
Listener Questions and Comments: - Question from Scott Somer - At 11 AM on December 22, RIOT stock traded at 24.20 , normally you would expect the 23 call to trade for 1.20 more than the 23 put, this morning the January 19th 23 calls were only trading TEN CENTS above the 23 put, Am I missing something for this to be normal pricing? Or is there something else I need to know about this? With this stock at 4.24, I can buy a June 5 call and Sell a June 5 put for a credit of 2.30. Looks like I'm getting the stock for 2.70. What am I missing since we now the options market does NOT give money away?
- Comment from MCgILLmONTREAL -Had a question regarding $GIL and two large 3K 30 strike puts on 10/9 with earnings 11/2. Can you guys explain any rationale around that? Had a question regarding $GIL and two large 3K 30 strike puts on 10/9 with earnings 11/2. Can you guys explain any rationale around that?
Around the Block: VIX. Earnings are coming. Dow 25,000. SPX 2700. Non-farms. Will there be a sell-off in Q1?  Options Playbook Radio 190: FCX Long Calendar Spread Posted January 4th, 2018 Welcome to 2018! Let's jump right into strategies, specifically around earnings. In this episode, we are looking at a long calendar spread with puts in FCX. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: - Why are we picking FCX?
- When does FCX announce earnings?
- What is the implied volatility?
- Why are we expecting a major announcement?
- Why pick a calendar around earnings?
- Defining a calendar spread
- Remember, if you do this, you're long implied volatility
- Caveats and other considerations
- Setting up the trade
- What is the cost? Risk?
- What do we want to happen?
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.  This Week in Futures Options 84: The Big 2017 Wrap-Up Palooza Posted January 2nd, 2018 Topics this week include: Futures Options Feedback: The final options question of the week for 2017. Our Final #QOTW for 2017 is an easy one. Quite simply: what is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! - Death of Volatility/VIX
- Rise of Bitcoin
- The Unstoppable Bull
- Other: Reply/DM w/ideas
- Comment from Olivewanabroker: The oats bull market. Very important.
Volatility Views 287: The Year VIX Died Posted January 2nd, 2018 Volatility Review: A look back at 2017 from a volatility perspective. - VIX cash was back in double digits, briefly.
Kevin's Weekly Rundown: - VIX Options: ADV - 672k, VIX call/put - 4, Total 9.78m (7.83m Calls, 1.94m Puts)
- Looking back on the 2017: The year without volatility.
- Which trades stood out to you in 2017?
- CBOE files to list 6 bitcoin ETFs after being first major exchange to trade cryptocurrency futures.
Crystal Ball: Your prognostication headquarters Last week: - Mark L. - 9.65
- Andrew - 8.99
- Russell - 9.25
Where will VIX close at the end of 2018? - Mark L. - 17.25
- Mark S. - 11.01
- Kevin - 14.04
Â
Where to Find Options Insider Radio? Do you know all the ways you can access Options Insider Radio                 Â
Options Insider Radio Network Live Recordings Do you want to be a part of the fun? This is when you can access the LIVE shows this week: Monday: Option Block LIVE at 3pm Central Thursday: Option Block LIVE at 3pm Central Friday: Volatility Views LIVE at 12pm Central This Week in Futures Options LIVE at 1:30 Central. As always, you can join in the fun at http://mixlr.com/options-insider/
|
