.jpg)
Year-to-date, total volume at CBOE is 872,138,413 contracts, an increase of 40% over the 621,765,023 contracts from same period in 2006. On the year, CBOE's average daily volume stands at 3,775,491 contracts through the end of November 2007, compared to 2,691,623 contracts through the end of November 2006.
|
|
Nov 2007 Volume (21 days) |
% Change vs Nov 2006 (21 days) |
% Change vs Oct 2007 (23 days) |
Year-To-Date Volume (231 days) |
% Change vs 2006 (231 days) |
|---|---|---|---|---|---|
|
Industry Total |
310,801,122 |
+68% |
+6% |
2,625,590,659 |
+41% |
|
CBOE Total |
97,159,445 |
+62% |
+9% |
872,138,413 |
+40% |
|
Avg Daily Vol |
4,626,640 |
+62% |
+20% |
3,775,491 |
+40% |
|
Equity |
49,191,142 |
+37% |
-5% |
463,779,076 |
+29% |
|
Index & ETF |
47,964,974 |
+100% |
+29% |
408,350,558 |
+56% |
|
ETF (only) |
24,335,565 |
+154% |
+40% |
193,170,543 |
+64% |
|
Open Interest |
298,678,257 |
+28% |
+5% |
----- |
----- |
CBOE's November Market Share Of Industry Volume Was 31.3%
In November, CBOE's market share of total industry volume was 31.3%. This was an increase of almost one percentage point from October 2007. Year-to-date, CBOE's total market share of 33.2% is down slightly from the same period in 2006. In multiply-listed index and exchange traded fund options, CBOE's November market share rose 2.2 percentage points to 31.3%, up from October's 29.1%.
|
CBOE Market Share |
Nov 2007 Market Share |
% Change vs
Nov 2006 |
% Change vs Oct 2007 |
Year-To-Date Market Share |
% Changevs 2006 |
|---|---|---|---|---|---|
|
Exchange |
31.3% |
-1.1% |
+0.8% |
33.2% |
-0.3% |
|
Equity |
24.6% |
-0.7% |
-0.6% |
25.9% |
-0.4% |
|
Index & ETF (multiple listings only) |
31.3% |
-9.6% |
+2.2% |
37.1% |
-1.9% |
Monthly Volume In Options On PowerShares QQQ Trust And Average Daily Volume In Russell 2000 Index Options Set New Records,
Seat Price At CBOE Reaches A New All-Time High Of $3.05 Million
- Volume in options on index and exchange traded funds (ETF) totaled 47,964,974 contracts during November, up 100% from the 23,985,361 contracts traded during November 2006. Average daily volume for the month was 2,284,046 contracts.
- Trading volume in options on the PowerShares QQQ Trust (QQQQ) set a new all-time monthly record in November when 5,898,988 contracts traded, an increase of 130% over the November 2006 volume of 2,567,408 contracts, and surpassing the previous high of 4,708,147 contracts traded during August 2007.
- Average daily volume in Russell 2000 Index options (RUT) reached a new all-time high of 54,214 contracts during November, besting the previous record of 50,314 contracts during August 2007. For the month of November, total RUT volume was 1,138,485 contracts traded, an increase of 382% over November 2006's volume of 235,994 contracts.
- Average daily volume in VIX options during November was 146,977 contracts, making VIX options the second most actively traded index, and the fifth most actively traded product at CBOE during the month.Total volume for the month in VIX options was 3,086,525 contracts, up 425% over November 2006. Year-to-date, 22.1 million contracts have traded, 392% ahead of November 2006's year-to-date volume of 4.5 million contracts.
- The top five most-actively traded index and ETF options at CBOE during November were S&P 500 Index (SPX), iShares Russell 2000 Index Fund (IWM), PowerShares QQQ Trust (QQQQ), Standard & Poor's Depositary Receipts (SPY) and CBOE Volatility Index (VIX).
- Total equity options volume for November rose 37% to 49,191,142 contracts, up from 35,841,571 contracts last November. For the month, average daily volume in equity options was 2,342,435 contracts.
- The top five most actively traded equity options during November were Citigroup, Inc. (C), Apple, Inc. (AAPL), Google Inc. (GOOG), Research In Motion (RIMM), and Wynn Resorts (WYN).
- A CBOE membership, or seat, traded at a new all-time high price of $3,050,000 on Monday, November 19. This topped the previous record of $3,000,000, which was set on Friday, November 2.During November, 14 seats traded, bringing the total number of seat sales for the year to 95.
- Volume at the CBOE Futures Exchange (CFE) was a record 189,408 contracts traded during November, an increase of 303% over November 2006. Average daily volume for November, the busiest month on record at CFE, was 9,019 contracts. Additionally, monthly volume in CBOE Volatility Index (ticker VX) futures was a record 173,864 contracts traded, up 305% versus November 2006, while volume in futures on the CBOE DJIA Volatility Index (ticker DV) was 9,113 contracts traded, up 160% over November 2006. 5,382 contracts were traded in futures on the CBOE Russell 2000 Volatility Index (ticker VR), an increase of 12% over October 2007. VR futures were launched on July 6, 2007.
- During November, volume at the CBOE Stock Exchange (CBSX) totaled 198,562,856 shares, an increase of 51% over the 131,824,663 shares traded in October. Average daily volume at CBSX was 9.9 million shares and a total of 183,405 trades were executed during November. CBSX launched on March 5, 2007.
CBOE Individual Index Volume Figures For November 2007
|
Symbol |
Product |
Total Volume |
% Change vs Nov 06 |
% Change vs Oct 07 |
Open Interest |
% Change vs 2006 |
|---|---|---|---|---|---|---|
|
SPX |
S&P 500 Index |
15,741,295 |
+65% |
+22% |
11,617,710 |
+19% |
|
VIX |
CBOE Volatility Index (options) |
3,086,525 |
+425% |
+12% |
868,782 |
+45% |
|
SPY |
Standard & Poor's Depositary Receipts (SPDRs) |
5,848,319 |
+306% |
+33% |
10,454,626 |
+117% |
|
XSP |
Mini-S&P 500 Index |
237,352 |
+20% |
+260% |
845,912 |
-12% |
|
OEX |
S&P 100 Index (American-Style Exercise) |
1,427,832 |
+20% |
+31% |
381,481 |
-6% |
|
XEO |
S&P 100 Index
(European-Style Exercise) |
222,688 |
-49% |
+19% |
172,302 |
-28% |
|
DJX |
Dow Jones Industrial Average |
695,293 |
+16% |
-4% |
854,249 |
-3% |
|
DIA |
DIAMONDS Trust, Series 1 |
624,178 |
+11% |
+15% |
1,876,726 |
+28% |
|
NDX |
Nasdaq-100 Index |
452,073 |
-55% |
-22% |
629,719 |
-9% |
|
MNX |
CBOE Mini-NDX Index (based on Nasdaq-100) |
510,632 |
+24% |
+10% |
2,304,133 |
0% |
|
QQQQ |
PowerShares QQQ Trust |
5,898,988 New Record |
+130% |
+55% |
11,105,569 |
+37% |
|
RUT |
Russell 2000 Index |
1,138,485 |
+382% |
+24% |
2,035,038 |
+195% |
|
RVX |
CBOE Russell 2000 Volatility Index (options) |
12,971 |
----- |
+28% |
6,320 |
----- |
|
IWM |
iShares Russell 2000
Index Fund |
7,859,258 |
+120% |
+45% |
8,596,924 |
+36% |
|
SMH |
Semiconductor HOLDRs Trust |
54,039 |
-67% |
-18% |
887,313 |
-7% |
|
OIH |
Oil Services HOLDRs Trust |
281,852 |
+38% |
+5% |
559,663 |
+10% |
|
EEM |
iShares MSCI Emerging Markets Index |
937,941 |
+546% |
+21% |
1,497,208 |
+364% |
|
XLF |
Financial Select SPDR |
1,262,930 |
+5078% |
+101% |
5,250,776 |
+358% |
|
XLE |
Energy Select SPDR |
254,442 |
-22% |
-6% |
1,972,053 |
+25% |
CBOE, the largest options marketplace in the U.S. and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE website at: www.cboe.com/.
