Options LiquidityMatrix July 2018

Year to date option volumes are strong and on track for a record year in 2018. Option volaitility returns to pre-February levels. The trading environment improved as spreads narrowed dramatically from 0.26 in June to 0.22 in July. Market share by exchange grouping moved from Cboe and Nasdaq to NYSE and MIAX. TABB Group’s monthly Options LiquidityMatrix™ analyzes the 15 US options exchanges, in addition to broader industry trends. Metrics include market share, market quality, average spread, average trade size, and volume breakdown for all options and penny options.