Options LiquidityMatrix May 2019
May option volumes benefited from higher volatility expectation relative to the past three months as VIX averaged 16.72 during the month after figures falling in the lower teens for most of the prior three months. Overall option market volume was up 12.9% versus last year with a 10.8% rise when segmenting out Equity and ETF volumes. For the year trading volume is behind last year’s record, but continued higher volatility could push trading in line with 2018. In the Option on Futures space, the Agricultural complex volume was almost 50% higher in May than the same time last year with Corn volumes exploding by over 100% on a year to year basis.
TABB Group’s new monthly Options LiquidityMatrix™ includes volume statistics from all option exchanges in the US, along with data segmenting volume trends based on the various underlying markets. The report consistently features a look at volume and liquidity, as well as periodic deep dives as warranted.