2021 was an eventful year for the options on futures market. Overall average daily volume (ADV) increased by 6% year over year, reaching 3.3M contracts, and open interest (OI) averaged 54.6M daily contracts.
We're excited to see what new trends and opportunities this year brings to the options market. One clear trend that has emerged in early 2022 trading is the growing interest in SOFR options, where OI has jumped from 3K to 77K contracts in just three weeks.
Product | 2021 ADV | ADV % YoY | 2021 Avg. Daily OI |
---|---|---|---|
Eurodollars | 1,059,318 | 0% | 34,241,851 |
E-mini S&P 500 | 701,362 | 4% | 3,386,276 |
10-Year Note | 633,670 | 26% | 3,069,592 |
5-Year Note | 160,094 | 31% | 1,070,583 |
T-Bond | 129,682 | 3% | 682,894 |
Corn | 126,544 | 31% | 1,717,252 |
WTI Crude Oil | 123,093 | 3% | 2,008,445 |
Natural Gas | 94,157 | -16% | 2,468,674 |
Soybeans | 73,154 | 9% | 802,614 |
Gold | 41,036 | -31% | 897,958 |
Product | 2021 ADV | ADV % YoY | 2021 Avg. Daily OI |
---|---|---|---|
E-mini Nasdaq-100 | 27,706 | 74% | 83,472 |
Short-Dated New Crop | 9,080 | 159% | 117,464 |
Gold weeklies | 8,059 | 17% | 22,587 |
E-mini Russell 2000 | 6,063 | 110% | 44,799 |
CAD/USD | 5,885 | 56% | 131,550 |
Corn weeklies | 5,611 | 23% | 11,973 |
WTI weeklies | 4,021 | 47% | 9,176 |
Copper | 2,971 | 76% | 58,009 |
Micro E-mini Nasdaq-100 | 1,757 | 1057% | 5,632 |
Micro E-mini S&P 500 | 1,556 | 355% | 40,026 |
Source: CME Group
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Check out the most frequently used QuikStrike options tools from 2021: