Option Block 461: Can Hedging Gamma Move the Stock Market?

Published: Sept. 4, 2015, 10:04 p.m.

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Trading Block: Panel of ex-Fed officials say no rate hike will come at September meeting

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Monthly Volume Breakdown:

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  • OCC cleared contract volume rose 33% in August.
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  • Year-to-date average daily cleared contract volume is up 0.15 percent from 2014 with 16,809,864 contracts in 2015.
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  • Exchange-listed options volume reached 426,328,677 contracts in August, a 33 percent increase from August 2014 volume of 320,155,407 contracts.
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  • Year-to-date average daily options volume is up 0.21 percent from 2014 with 16,554,221 contracts in 2015.
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  • Equity options volume in August was 373,616,786 contracts, a 30 percent increase from August 2014.
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  • Index options volume in August was up 60 percent from August 2014 with 52,711,891 contracts.
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Odd Block: Puts trade in Cobalt International Energy Inc. (CIE), calls trade in CIENA Corp. (CIEN), and puts trade in Wisdom Tree India Earnings (EPI)

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Listener Mail: Listener questions and comments

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  • Question from Mousin - Could it be that the huge options portfolios in macro hedge funds are to blame for the big vow in the market on Monday?
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  • Question from ADM - During activities on Monday, were there any options exchanges that failed?
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Around the Block: Non-Farms out tomorrow.\\xa0

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