US Options market is on track for nearly 24 million contracts today, which is 63% above the recent average and would be one of the ten best option volume days of 2013. Index and ETF volume are twice normal with SPX on track for 1.3million contracts. Overall put volume leads calls for the first time since July 10th. Meanwhile, VIX is up 1 to 14.03 and that’s more than double the SPX 30-day historical volatility of 6.7 percent.
Category: All Indexes
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.