Option Volume Fragmentation

[ajacobson]

This is from a Trade Alert presentation at a SIFMA conference in 2017.

23% is SPY or SPX - over 70% of the volume is clustered in the top 25 names.

 

[lawrence-lugar]

This is from a Trade Alert presentation

23% is SPY View attachment 182074

That's basically just a graphical representation of Barchart's list of Most Active ETF, and Index, and Stock options.
https://www.barchart.com/options/most-active/etfs

SPY, S&P 500 ETF, is always the monster in options volume, by-far.
SPX index is a fraction of its volume. and individual Stocks are a further tiny fraction.

 

[SoesWasBetter]

so?

 

[newwurldmn]

This is from a Trade Alert presentation at a SIFMA conference in 2017.

23% is SPY or SPX - over 70% of the volume is clustered in the top 25 names.

View attachment 182074

remember FREE THE SPX!?

 

[tommcginnis]

This is from a Trade Alert presentation at a SIFMA conference in 2017.

23% is SPY or SPX - over 70% of the volume is clustered in the top 25 names.

View attachment 182074

Not to be a stinker, but somebody didn't proof.

As a pie chart, over one-quarter of the area is SPY -- maybe 26%-27% -- not the 16% that the graphic claims.
If you give it a tilt, you can imagine the SPX to be about half of a quarter -- or 12.5% or so -- not the 7% claimed.
And of course, when you add the two areas together, you have something approaching 40% -- or about 26.5% + 12.5% = 39%

As these things go, graphs usually come from data, and labels from a human input -- but both of these appear data driven. Either way, somet'ing screwed here, mon.

 

[tommcginnis]

so?

No, "Soes!"
Okay?
"Soes!!"

Say it with me now.

 

[ajacobson]

remember FREE THE SPX!?


I have the buttons and hats. Then again I have an entire sleeve of the DJX opening day green hats.