November 19th saw two records tumble that were set just last month. On that day, equity open interest stood at 53,928,591, marking the highest open interest day ever, as well as the highest volume day with 3,585,337 contracts traded.
Open interest is one indication of longer-term investing in equity options.
Equity options will continue as a valuable investment tool in building a healthy portfolio. The OIC, which includes the American Stock Exchange, Chicago Board Options Exchange, Pacific Exchange, Philadelphia Stock Exchange and The Options Clearing Corporation, has an extensive educational program. A print and broadcast advertising campaign has resulted in more than 250,000 inquiries seeking literature and videotapes.