Chicago, Ill (PRWEB) September 03, 2013
The Options Industry Council (OIC) announced today that 321,976,044 total options contracts traded in August, which is up 3.55 percent compared to last year when 310,936,920 contracts were traded.
Average daily volume for the month came in at 14,635,274 contracts, up 8.26 percent compared to last August’s 13,518,996 contracts. Year-to-date volume stood at 2,758,963,425 contracts, 2.11 percent more than the 2,701,857,820 contracts traded in the same period last year.
Equity options volume (options on individual stocks and ETFs) for August was 291,214,395 contracts, up 1.79 percent compared to August last year when 286,100,861 contracts traded. Average daily volume for equity options in August came in at 13,237,018 contracts, 6.41 percent more compared to the 12,439,168 average contracts per day in August 2012.
Year-to-date equity options volume stood at 2,501,420,249 contracts, which is 0.35 percent more than the 2,492,678,579 contracts exchanged in the same period last year.
OIC is an industry cooperative funded by BATS Options, BOX Options Exchange, Chicago Board Options Exchange, C2 Options Exchange, International Securities Exchange, MIAX Options, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options and OCC. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: Investor Services live help at 1-888-OPTIONS, its educational website at http://www.OptionsEducation.org, live seminars throughout the continental United States and Canada, and educational literature.