The Wall Street Journal reporting record option volume traded yesterday at 68MM contracts continuing a steady climb in activity for this asset class over the past few years.
As an explanation, highlighting this option volume article written by Stefanos Bazinas at NYSE data insights department last summer. Specifically, the impact of options trading as a strategy around central ETF holdings and the ever expanding retail participation in ETF (and general options trading which clearly has come under scrutiny but not abating current volumes) are the central themes to the behaviour. No doubt institutional portfolio management strategies are a big impact to the activity as well given the growth in overall liquidity available.
