The Options Clearing Corporation (OCC) has released its latest monthly volume data for July 2026.
"In July, ETF and index options posted double-digit growth, and our clearing and settlement operations processed these rising volumes seamlessly across the board. This broad-based growth was driven by investors using these products to express market views and manage everyday risk which reflects the strength and scalability of OCC’s post-trade infrastructure that safeguards market integrity." – Mike Hansen, Head of Clearing and Settlement Services, OCC
Key highlights include:
- July capped another month of growth for the options market, with total volume up nearly 26% year-over-year. Year-to-date average daily volume now running above 71 million contracts.
- ETF options are up 59% year-over-year, reflecting the growing role of ETFs in both retail and institutional investors’ position in the market.
- Index options volume increased nearly 34% in July despite low volatility. Investors are continuing to use index products proactively for ongoing portfolio management rather than solely during periods of stress.
- Average daily loan value was up sharply (+28.8%), while total transaction count fell (-6.5%), suggesting larger average loan sizes rather than an increase in overall lending activity.
Contract Volume
|
|
July 2026 Contracts |
July 2025 Contracts |
% Change |
2026 YTD ADV |
2025 YTD ADV |
% Change |
|
748,223,106 |
713,178,376 |
4.9% |
35,238,761 |
30,706,810 |
14.8% |
|
|
668,444,413 |
420,178,954 |
59.1% |
29,327,110 |
21,718,224 |
35.0% |
|
|
133,889,584 |
100,200,290 |
33.6% |
6,254,958 |
4,725,009 |
32.4% |
|
|
1,550,557,103 |
1,233,557,620 |
25.7% |
70,820,829 |
57,150,043 |
23.9% |
|
|
4,631,774 |
3,916,855 |
18.3% |
245,451 |
224,457 |
9.4% |
|
|
1,555,188,877 |
1,237,474,475 |
25.7% |
71,066,280 |
57,374,500 |
23.9% |
Securities Lending
|
|
July 2026 Avg. Daily Loan Value |
July 2025 Avg. Daily Loan Value |
% Change |
July 2026 Total Transactions |
July 2025 Total Transactions |
% Change |
|
234,234,176,674 |
181,862,459,268 |
28.8% |
322,702 |
345,252 |
-6.53% |