The Options Industry Council Announces June Volume Is up 4 Percent
CHICAGO, IL -- (MARKET WIRE) -- Jul 01, 2009 --
The Options Industry Council (OIC) announced
today that 315,656,061 total options contracts changed hands in June,
representing a 3.83 percent increase over June 2008 when 304,003,964
contracts were traded.
June's average daily volume for the month came in at 14,348,003 contracts,
.89 percent less than the 14,476,380 contracts averaged each day for the
same period in 2008. Year-to-date volume for June stood at 1,815,316,203
contracts compared to 1,736,179,540 contracts traded for the same period
last year and representing a 4.56 percent increase. Year-to-date daily
volume averaged 14,639,647 contracts, up 5.4 percent over 13,889,436
contracts averaged for the same year ago period.
Equity options volume experienced an increase of 5.61 percent with
295,713,821 contracts exchanged in June compared to 280,015,869 contracts
for the same period in 2008. Year-to-date equity options volume for June
stood at 1,697,028,182 contracts compared to the same point last year when
1,600,309,753 contracts were traded, representing a 6.04 percent increase.
Equity options volume averaged 13,441,537 contracts each day in June, up
.81 percent compared to 13,334,089 contracts each day for the same month
last year.
The third highest trading volume day occurred on June 18 when 27,878,796
total options contracts were traded. Equity options also experienced the
third highest trading volume day recorded on June 18 as 26,727,932
contracts were traded.
About OIC
OIC is an industry cooperative funded by the Boston Options Exchange,
Chicago Board Options Exchange, International Securities Exchange, NASDAQ
OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options, and
The Options Clearing Corporation. 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: The Options
Industry Services Help Desk at 1-888-OPTIONS, educational Web sites at
www.OptionsEducation.org, www.OptionsEducation.org/advisor and
www.OICoptions.com, evening seminars throughout the continental United
States and Canada, instructional DVDs and educational literature and
software.
Media Contacts:
Jim Binder
312-322-9853
Email Contact
Angela Kotso
312-322-6267
Email Contact