Yesterday’s options volume was relatively slow at 50.92 million, well below the 30-day average of 59.63 million. The call volume exceeded the put volume by 1.5 times, a sign that the bulls remain optimistic about the markets' near-term direction.
ETF options were hectic on Wednesday, accounting for 54% of the volume. Among ETFs, there were 32 unusually active put options with volume-to-open-interest (Vol/OI) ratios of 10.0 or higher.
