Why the 08Jan option has so few a volume?

Discussion in 'Options' started by archer001, Oct 24, 2007.

  1. I noticed from the ES option (both call and put), that the open interest is very low at 2008 Jan. However, 07 Dec and 08 Feb both has a much larger open interest.

    What is special of the 08 Jan options?

    Thanks!
     
  2. The most volume is in the quarterly expiration months-----March, June, September & December. The other months, the "serials", have less interest because people would rather trade against the most active futures.
     
  3. ....then again you have idiots like myself.:D