Chicago, Ill (PRWEB) March 03, 2014
The Options Industry Council (OIC) announced today that 344,908,034 total options contracts were traded in February, which is up 7.47 percent compared to last year when 320,943,312 contracts were traded.
Average daily volume came in at 18,153,055 contracts, 7.47 percent more than the 16,891,753 contracts last February. Year-to-date volume stood at 734,729,169 contracts, 7.73 percent more than last year’s 682,014,933 contracts.
Equity options volume was 307,184,466 contracts, up 4.99 percent compared to last February when 292,572,720 contracts were exchanged. Average daily volume for equity options in February came in at 16,167,603 contracts, 4.99 percent more than last year’s 15,398,564 contracts. Year-to-date equity options volume stood at 658,835,436 contracts, which is 6.29 percent more than the 619,838,295 contracts traded at the same point last year.
OIC is an industry cooperative funded by all the U.S. options exchanges 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.