Chicago, Ill (PRWEB) October 01, 2014
The Options Industry Council (OIC) announced today that 365,917,341 contracts were traded in September, a 15.83 percent increase compared to the 315,911,302 contracts traded in September of last year.
Average daily volume for the month was 17,424,636 contracts, 10.31 percent more than last September’s 15,795,565 contracts. Trading volume for the first three quarters of 2014 stood at 3,124,596,298 contracts, up 1.62 percent compared to the 3,074,874,727 contracts traded in the same period last year.
Equity options volume (options on individual stocks and ETPs) was 333,614,334 contracts, 16.72 percent more than last September when 285,831,547 contracts were exchanged. Average daily volume for equity options in September came in at 15,886,397 contracts, more than last year’s 14,291,577 contracts by 11.16 percent. Year-to-date equity options volume stood at 2,820,131,623 contracts, which is 1.18 percent greater than the 2,787,251,796 contracts traded at the same point last year.
The Options Industry Council (OIC) is an industry cooperative funded by the U.S. options exchanges and OCC. OIC’s mission is to provide free and unbiased education to investors and financial advisors about the benefits and risks of exchange-traded equity options. OIC delivers its education through the Options Education Program, a structured platform offering live seminars, self-directed online courses, mobile tools, podcasts, webinars and live help. OIC’s resources can be accessed online at OptionsEducation.org, via mobile app for iOS, or by phone at 1-888-OPTIONS.