What is a ETF that tracks the US dollar and have good options volume (at least 100 contracts in the front month options for ATM). I checked UUP, but their options are thinly traded.
Here are a dozen currency ETFs listed with the highest daily volume first then descending to the lower volume (and OI) last. This information is a combination of data gleaned from the ETFdb.com and the Options Clearing Corporation (OCC) web site daily stats site. Note that Some of the following (e.g. USDU and UUPT) are not optionable. I took look at the first five optionable symbols on my ThinkorSwim platform and only the FXE seems to fit your 100 contracts criteria. As an aside, none of the currency related options fit my trading plan/strategy. I only trade options that have a daily volume of 50,000 contracts or more and spreads of .05 or less. As you might guess that leaves a narrow field of ETF symbols like SPY, EEM, IWM, and QQQ. Plus a few others (GLD, GDX, etc.) UUPPowerShares DB US Dollar Index Bullish Fund EUOProShares UltraShort Euro FXECurrencyShares Euro Trust USDUWisdomTree Bloomberg U.S. Dollar Bullish Fund YCSProShares UltraShort Yen FXYCurrencyShares Japanese Yen Trust DBVPowerShares DB G10 Currency Harvest Fund FXCCurrencyShares Canadian Dollar Trust UDNPowerShares DB US Dollar Bearish Fund FXACurrencyShares Australian Dollar Trust UUPTPowerShares DB 3x Long US Dollar Index Futures Exchange Traded Notes ULEProShares Ultra Euro CEWWisdomTree Emerging Currency Fund Best
Not sure what platform or database you're using but my three sources (ToS, OCC, and CBOE) show the following at the COB today (16:00 EDT/20:00 UTC). Of course the numbers vary by a few contracts between data sources but all pretty much paint an accurate picture. Daily Options Volume COB 3/12/2015 EEM iShares MSCI Emerging Markets Indx (ETF) 18,400 PUTS 83,000 CALLS GDX Market Vectors Gold Miners ETF 62,900 PUTS 19,400 CALLS GLD SPDR GOLD SHARES 33,400 PUTS 31,000 CALLS All the numbers have been rounded to the nearest 50 contracts. GLD, GDX, and EEM all had more than 50,000 contracts traded today. EEM was over a 100 thousand, GDX over 80 thousand, and GLD about 65,000 thousand. As an aside, FXE had a trading volume of 21,000 and UUP 16,000. Neither of those meet my criteria. I like lots of volume, open interest, lots of expiration months, and narrow bid/asks. Currency ETFs don't provide most of that. Again, you may want to check your reference and data sources. Best
Just a reminder. The OCC reports volume by contract. One buy contract and one sell contract = 2 contracts reported. You have to divide by 2 get get the volume numbers you are looking for. http://www.optionsclearing.com/webapps/volume-query