The Options Industry Council Announces April Volume Down 4 Percent
Chicago, Ill (PRWEB) May 01, 2014 -- The Options Industry Council (OIC) announced today that 355,803,000 total options contracts traded in April, which is 4.13 percent less than last April when 371,147,433 contracts were traded.
With one less trading day in the month, average daily volume was up 0.43 percent with 16,943,000 contracts exchanged compared to last April’s 16,870,338 contracts. Year-to-date volume stood at 1,446,102,568 contracts, 5.96 percent more than April of last year when 1,364,727,666 contracts were traded.
Equity options volume (options on individual stocks and ETPs) was 324,070,049 contracts, down 4.05 percent compared to last April when 337,754,380 contracts were exchanged. Average daily volume for equity options in April came in at 15,431,907 contracts, more than last year’s 15,352,472 contracts by 0.52 percent. Year-to-date equity options volume stood at 1,304,547,081 contracts, which is 5.49 percent greater than the 1,236,639,821 contracts traded at the same point last year.
About OIC
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.
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Jim Binder, OIC, http://www.optionseducation.org, +1 (312) 322-9853, [email protected]
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