The Options Industry Council (OIC) announced today that total options trading volume in July was 277,370,315 contracts, down 9.29 percent compared to July 2009 volume of 305,772,164 contracts.
Year-to-date volume stood at 2,278,247,433 contracts, up 7.41 percent over the same point last year when 2,121,088,367 contracts were traded. Average daily trading volume for 2010 is 15,712,051 contracts, up 8.15 percent compared to last year’s 14,528,002 contracts. Additionally, average daily trading volume for July was 13,208,110 contracts, 4.97 percent lower than last year when 13,898,735 contracts were traded on average each day in July.
OIC also reported that equity options volume in July came in at 257,060,882 contracts, a decrease of 10.04 percent compared to the 285,749,752 contracts traded during the same period last year. Daily equity options volume had an average of 12,240,994 contracts per day in July, which is 5.76 percent less than the same period last year when 12,988,625 contracts were traded on average each day. Year-to-date equity options stood at 2,100,073,623 contracts, representing an increase of 5.92 percent compared to the same point last year when 1,982,777,934 contracts were traded.