Exchange Volume, November 2003:
Total Volume
23,084,363 contracts
+7% vs year-ago (Nov 02)
-19% vs previous month (Oct 03)
Average Daily Volume
1,214,966 contracts
+12% vs year-ago (Nov 02)
-2% vs previous month (Oct 03)
Open Interest
128,762,058 contracts
+30% vs year-ago (Nov 02)
0% vs previous month (Oct 03)
Year-To-Date Volume
256,739,307 contracts
+3% vs YTD 2002
November highlights at CBOE included:
For the seventh time this year, CBOE monthly volume eclipsed the 2002 monthly total.
S&P 500 Index (SPX) was the most actively traded index option as November volume increased 8% over November 2002 with a total of 2,940,891 contracts traded.
A trio of Nasdaq-based products experienced robust trading during the month: the Nasdaq-100 Index Tracking Stock (QQQ) was the second most-actively traded product with 1,689,195 contracts traded, while volume in options on the Nasdaq-100 Index (NDX) increased 73% and volume in the CBOE Mini-NDX Index options (MNX) increased 55% over year-ago totals.
The top 5 stock option classes traded at CBOE during November were Microsoft (MSFT), Time Warner, Inc. (TWX), General Electric (GE), Cisco Systems (CSCO), and Citigroup, Inc. (C).
During November, CBOE added an additional twenty-six classes to CBOEdirect HyTS, its new hybrid trading system. CBOE now lists a total of 222 classes on Hybrid.
CBOE, the world's largest options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, visit the CBOE website at www.cboe.com.
