The Chicago Board Options Exchange (CBOE) announced today that July trading volume at CBOE was 35,987,001 contracts, 28% higher than the 28,231,303 contracts traded in June 2004.
Year-to-date, CBOE’s 2005 total volume of 252.5 million contracts is 21% ahead of 2004’s YTD volume of 208.9 million contracts. Additionally, two new all-time monthly volume records were set at CBOE during July. In options on the Nasdaq-100 Index (NDX), 594,563 contracts traded, surpassing the previous record of 559,122 contracts traded in May 2005; and in options on the iShares Russell 2000 Index Fund (IWM), 1,531,972 contracts traded, besting the old high mark of 1,418,918 contracts from April 2005.
Volume in stock option classes rose 19% over July 2004 as 21.4 million contracts were traded. The top five stock option classes at CBOE during July were: Google Inc. (GOOG); Microsoft Corp. (MSFT); Apple Computer, Inc. (AAPL); eBay, Inc. (EBAY); and General Motors Corporation (GM). Volume in index options totaled 14.5 million contracts, an increase of 43% over year-ago levels. The top five index options at CBOE during July were: S&P 500 Index (SPX); Nasdaq-100 Index Tracking Stock (QQQ); iShares Russell 2000 Index Fund (IWM), Standard & Poor’s Depositary Receipts/SPDRs (SPY); and S&P 100 Index (OEX).
During July, CBOE Futures Exchange (CFE) volume totaled 8,437 contracts traded, with an average daily volume of 422 contracts. At the end of July, open interest stood at 14,544 contracts, up 2% from the previous month.