Midday index, ETF option volumes

Total option volume remains very light with 3.8 million contracts, led by the usual index and exchange-traded names.

Just shy of 600,000 options trade in the SPDR S&P 500 Fund (SPY), with slightly more puts than calls. Next up is the S&P 500 Index (:SPX) with 230,000, also with a few more puts than calls.

The iShares Russell 2000 Fund (:IWM) has 178,000 options traded, evenly split between calls and puts. The PowerShares QQQ Trust (QQQ) follows with volume of 157,000, including 90,000 puts. The iShares Emerging Markets Fund (EEM) sees turnover of 118,000 contacts and a put-to-call ratio of 3 to 1.

The SPDR Financial Fund (:XLF) has 65,000 options traded, of which calls take a slight lead. The CBOE Volatility Index (:VIX) follows close behind with volume of 64,000. VIX calls outnumber puts by 3 to 1.



More From optionMONSTER