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OCC February Total Volume Up 60.7 Percent from a Year Ago

Highest Volume Month Ever for U.S. Equity Options Industry

March 02, 2020
Chicago -

OCC, the world’s largest equity derivatives clearing organization, announced today that February 2020 total cleared contract volume was 568,899,108 contracts, the U.S. equity options industry’s highest month ever – up 60.7 percent from February 2019 volume and beating the previous record of 567,833,544 cleared contracts set in October 2018 by 0.19 percent. The last six trading days comprised 43 percent of total volume for February 2020, with Friday, February 28 clearing 48,963,585 contracts – the highest cleared contract volume day on record.

Options: Total exchange-listed options cleared contract volume reached 558,802,415 in February 2020, up 60.1 percent  from 349,117,021 in February 2019. Equity options volume reached a total of 508,015,456 contracts, up 60.6 percent from February 2019. This includes ETF option cleared contract volume of 208,746,922, a 75 percent increase compared to 119,258,683 ETF options contracts cleared in February 2019. Index options for February 2020 were 50,786,959, up 55.2 percent over February 2019, with a year-to-date average daily volume of 2,357,087 contracts. 

Futures: Futures cleared contract volume was 10,096,693 in February 2020, a 106.2 percent increase over February 2019 volume of 4,896,583.  OCC's 2020 average daily cleared futures volume is 413,907 contracts. 

Securities Lending: The average daily loan value at OCC in February 2020 was $80,711,942,428 a 15.5 percent increase compared to last February. Securities lending CCP activity decreased by 7.83 percent in new loans from February 2019 with 97,696 transactions last month.

For 2020 monthly exchange market share information, click here

 

Feb 2020

Total Contract Volume

Feb 2019

Total Contract Volume

Feb Total Contract % Change vs

2019

YTD Avg Daily Contract 2020

YTD Avg Daily Contract 2019

  % Change

vs

2019

Equity Options

508,015,456

316,391,081

60.6%

24,494,679

17,290,351

41.7%

Index Options

50,786,959

32,725,940

55.2%

2,357,087

1,844,448

27.8%

Total Options

558,802,415

349,117,021

60.1%

26,851,766

19,134,799

40.3%

Futures

10,096,693

4,896,583

106.2%

413,907

280,814

47.4%

Total Volume

568,899,108

354,013,604

60.7%

27,265,673

19,415,613

40.4%

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 ([email protected]).