The Options Clearing Corporation (OCC) has reported a 12.3% year-over-year (YoY) increase in cleared futures and options, totaling 1.2 billion contracts in July.
Equity options saw significant growth, with volumes rising 20.6% YoY to 713.2 million contracts. Index options also experienced notable gains, climbing 8.4% YoY to 100.2 million contracts. Meanwhile, ETF options volumes inched up by 1.9% YoY, reaching 420.2 million contracts for the month.
However, futures contracts saw a sharp decline, dropping 33.4% YoY to 3.9 million. Despite this, the overall growth in options activity highlights the continued strength of the market.
Contract Volume
July 2025 Contracts | July 2024 Contracts | % Change | 2025 YTD ADV | 2024 YTD ADV | % Change | |
Equity Options | 713,178,376 | 591,180,030 | 20.6% | 30,706,810 | 25,041,641 | 22.6% |
ETF Options | 420,178,954 | 412,170,441 | 1.9% | 21,718,224 | 18,075,018 | 20.2% |
Index Options | 100,200,290 | 92,461,371 | 8.4% | 4,725,009 | 4,119,892 | 14.7% |
Total Options | 1,233,557,620 | 1,095,811,842 | 12.6% | 57,150,043 | 47,236,551 | 21.0% |
Futures | 3,916,855 | 5,883,096 | -33.4% | 224,457 | 241,664 | -7.1% |
Total Volume | 1,237,474,475 | 1,101,694,938 | 12.3% | 57,374,500 | 47,478,215 | 20.8% |
Securities Lending
July 2025 Avg. Daily Loan Value | July 2024 Avg. Daily Loan Value | % Change | July 2025 Total Transactions | July 2024 Total Transactions | % Change | |
Market Loan + Hedge Total | 181,862,459,268 | 167,611,265,360 | 8.5% | 345,252 | 247,572 | 39.46% |
Additional Data