OIC Announces March Options Trading Volume Falls 10%
Chicago—April 2, 2012
The Options Industry Council (OIC) announced today that 376,246,042 total options contracts changed hands in March, 9.8 percent less than the 417,188,575 contracts traded in March 2011, the second highest monthly volume on record.
Average daily trading volume in March was 17,102,093 contracts, 5.7 percent lower than the 18,138,634 contracts in the same year ago period. Year-to-date volume for March stood at 1,061,109,209 contracts, which is 7.7 percent lower than the 1,149,883,317 contracts traded at the same point last year. This marks the second time in history that first quarter volume exceeded 1 billion contracts.
Equity options volume (options on individual stocks and ETFs) for March came in at 347,851,439 contracts, down 9.9 percent compared to March of last year when 386,202,726 contracts were exchanged. On average, 15,811,429 contracts changed hands each day in March, which is 5.8 percent lower than the daily average from the previous March of 16,791,423 contracts. Equity options year-to-date volume came in at 984,507,776 contracts, down 8.2 percent compared to the 1,072,980,649 contracts traded throughout the first quarter last year.
OIC is an industry cooperative funded by BATS Options, BOX Options Exchange, Chicago Board Options Exchange, C2 Options Exchange, International Securities Exchange, 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 www.OptionsEducation.org, live seminars throughout the continental United States and Canada, instructional DVDs and educational literature.
REGISTER FOR THE OPTIONS
- Free, unbiased options education
- Learn in-person and online
- Advance at your own pace