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OCC March Total Volume Up 62.8 Percent from a Year Ago – Highest Volume Month Ever for U.S. Equity Options Industry

April 01, 2020
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that March 2020 total cleared contract volume was 670,646,998 contracts, the U.S. equity options industry's highest month ever – up 62.8 percent from March 2019. This exceeds the previous record of 568,899,108 cleared contracts set in February 2020. OCC's year-to-date average daily total cleared contract volume is 28,407,644 contracts.

Options: Total exchange-listed options cleared contract volume was 662,813,919 in March 2020, up 63.5 percent from 405,356,124 in March 2019. Equity options volume was 590,743,481 contracts, up 61.6 percent from March 2019. This includes ETF option cleared contract volume of 303,013,572, a 104.1 percent increase compared to 148,462,660 ETF options contracts cleared in March 2019. Index options for March 2020 was 72,070,438, up 81.2 percent over March 2019.

Futures: Futures cleared contract volume was 7,833,079 in March 2020, a 20.8 percent increase over March 2019 volume of 6,482,229 contracts. OCC's year-to-date average daily cleared futures volume is 393,377 contracts.

Securities Lending: The average daily loan value at OCC in March 2020 was $76,174,841,455 a 2.03 percent increase compared to March 2019. Securities lending activity increased by 4.04 percent in new loans from March 2019 with 122,267 transactions last month.

For 2020 monthly exchange market share information, click here.

 

March 2020 Total Contract Volume

March 2019 Total Contract Volume

March Total Contract % Change vs 2019

YTD Avg Daily Contract 2020

YTD Avg Daily Contract 2019

2020 Avg Daily Contract % Change vs 2019

Equity Options

590,743,481

365,585,219

61.6%

25,331,139

17,331,135

46.2%

Index Options

72,070,438

39,770,905

81.2%

2,683,128

1,861,456

44.1%

Total Options

662,813,919

405,356,124

63.5%

28,014,267

19,192,591

46.0%

Total Futures

7,833,079

6,482,229

20.8%

393,377

290,407

35.5%

Total Volume

670,646,998

411,838,353

62.8%

28,407,644

19,482,998

45.8%

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 (investorservices@theocc.com).