The Chicago Board Options Exchange (CBOE) says that volume during the month of November totaled 59.8 million contracts, up 40 percent over November 2005’s volume of 42.76 million contracts. Average daily volume for the month was 2.85 million contracts, compared to average daily volume during November 2005 of 2.0 million contracts. Through the end of November, CBOE’s year-to-date total volume is 621.8 million contracts, which is 45.5 percent ahead of the 427.4 million contracts traded through the end of November 2005, and 10 percentage points better than the industry-wide increase of 36 percent.
During November, CBOE traded 35.8 million equity option contracts, up 46 percent from the year-ago November volume of 24.6 million contracts. Year-to-date equity options volume has increased 43 percent at CBOE to 359.3 million contracts.
Total volume for Indexes and Exchange Traded Funds (ETFs) traded at CBOE increased to almost 24 million contracts, up 32 percent from last November. Year-to-date trading in Indexes and ETFs at CBOE has increased 49 percent over the same period in 2005, to a total of 262.5 million contracts.
CBOE continued to be the lead US options exchange with market share of total industry volume of 32.4 percent during November. Equity options market share in November gained 3.8 percent over November 2005, to 25.3 percent. CBOE’s November market share in multiply listed index and ETF options was almost 41 percent, a gain of 4.7 percent over November 2005. Year-to-date, CBOE’s market share of total industry volume is up 2.2 percent over 2005, to 33.47 percent.