The Philadelphia Stock Exchange (PHLX) announced today that equity option volume in October jumped 59.25% when 42,216,206 contracts traded compared to the same year-ago period when 26,510,197 contracts traded. Volume was up 51.62% year-to-date. Equity option volume in October was up 46.07% compared to the previous month when 28,901,559 contracts traded.
Average daily volume in October for equity options reached 1,835,487contracts.
PHLX market share in October was 15.74% Market share without ex-dividend volume was 15.52%.
Equity volume for October skyrocketed 122.84% when 166,454,605 shares traded compared to the same year-ago period when 74,695,733 shares traded. Equity volume for October increased 16.63% compared the previous month when 142,715,588 shares traded. Year-to-date equity volume increased 101.73%.
Volume on the six newly traded World Currency Options (WCOs) rose 79.57% in October when 424,911 contracts traded compared to 236,633 contracts traded during the previous month.
WCOs ended October with an open interest of 530,428contracts.
Trading volume in the customized and standardized currency options for October totaled 1,087 contracts, a decrease of 36.28% compared to the previous month when 1,706 contracts traded. Volume in October decreased 88.49% compared to the same year-ago period when 9,445 contracts traded.
Sectors index options volume for October increase 24.04% when 704,597 contracts traded compared to the previous month when 568,018 contracts traded. Volume in sectors index options in October increased 18.89% compared to same year-ago period when 592,661 contracts traded.
PHLX currently lists options on 17 sectors, among them are: KBW Bank Index (BKXSM); KBW Mortgage Finance Index (MFXSM); KBW Regional Banking Index (KRXSM); PHLX Drug SectorSM (RXSSM); PHLX Gold/Silver SectorSM (XAUSM); PHLX Oil Service SectorSM (OSXSM); PHLX Defense SectorSM (DFXSM); TheStreet.com Internet Sector (DOTSM); PHLX Semiconductor SectorSM (SOXSM); PHLX Utility SectorSM (UTYSM); PHLX Housing SectorSM (HGXSM); SIG Coal Producers IndexTM (SCPSM); SIG Oil & Exploration IndexTM (EPXSM); and the SIG Steel Producers IndexTM (STQSM); and Hapoalim American Israeli IndexTM (HAI).
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades more than 7,000 stocks, 2,520 equity options, 17 sectors index options, options on all major currencies, and futures through its subsidiary, The Philadelphia Board of Trade (PBOT). For more information about the PHLX and its products, visit www.phlx.com.
