Traders Magazine
By NYSE Research
By all accounts, 2020 was extraordinary for options trading. The year began as a continuation of two straight record years for options volumes and growth that would only continue and accelerate. Case in point: the top 10 multi-list equity and ETF volume days all came in 2020, as did 23 of the top 25 days. Previously, multi-list volume had never breached 40 million contracts, and yet all top 10 volume days for 2020 exceeded that 40 million mark.
This trend has thus far continued into 2021. On January 15, 2021, a new record high was set for daily multi-list volume
(48.3 million contracts), which smashed the previous record set just the week prior by nearly 3 million contracts. Including the new record, the 2nd, 4th, and 6th highest days ever were all recorded in these first weeks of 2021. The highest recorded weekly options volume occurred in the second week of trading in January 2021, and the next highest weekly total occurred in the first
they were broadly speaking, some of the weaker performing indexes. watch those. the small cap stocks, an indicator, you still have the employee mandate for health insurance on these companies. looks like infrastructure spending might get kicked down the report. the transports are a good gauge. those are worth noting certainly. very good. alan, real quickly. apple is one of the biggest performers of this quarter contributing about 200 points to the advance we ve seen. a lot of people are looking at that as the president cracks down on china. china can say we re going to crack down on apple. what do you make of that? it s not reflected in the price, but there s an opportunity to snap back. i m from michigan. i m a big fan and ford. they haven t participated in the rally. maybe this will unlock their value. the p ratio is in the low five or six and still getting a
companies are struggling to catch up to the cool kids, facebook, google and apple, and not all cool kids make things that come in a box, and all that innovation has tech investors, and let s play buy or sell? a new budget version, and a gold phone. here is the performance. look at that. buy or sell apple shares? this is a buydown here. you can see the bottom out in april and june, it s bullish. longer term, if you look at the fundamentals of apple, it s what is called the pay ratio, the p ratio over growth, and it s below 1 at .7. i think that, you know, at 525, 530, we see 700 in the last 12 months. you put this one up
check in with steven chadwick. can he make this three days in a row. this will go well for the payroll figure. at the end of the week. in terms of valuations, the p ratio of valuation, we re cheaper than we were back in 2007. time warner could be putting time into a separate unit. the publishing arm that has the fortune and time brand, has been struggling as of late. last year made less money. $420 million at an operating income level. than a decade ago. very interesting story in the