Which Are The Most Liquid ETFs Options? – 20 ETF Plus a Guide to Find them

When trading with options, one of the most important factors we need to consider is volume. Trading in the most liquid ETFs options is a way to assure us that we will always be able to fill an order when we decide to execute a trade.

In this article, we are going to be reviewing which are the most liquid ETFs options in the market, and also, we will teach you how to find every options-based ETF using Finviz ETF screener

What are the most liquid ETF options?

The most liquid ETF options are those that have a very large option volume in a single trading day. We could consider that the most active EFTs surpass a total volume of 100.000 contracts exchanged.

The most significant advantage of the most liquid ETFs options is that we can perform any option strategy we want without the fear of having a high spread between the bid and the ask of the option chain. Because, as you may already know, the spread of an option is often higher than the stock market spread.

Even when we are dealing with a very far Out of The Money option, we will be able to open a trade because of the high volume of traders we will find.

Which are the most liquid ETFs options in the market?

The best ETFs with most liquid options to trade are included in the following list. As you might imagine, these are the most liquid weekly options in the entire market too.

This is the list of the most active ETF options in the entire market and the best ETFs for options too.

Now, let us take a look at the SPY option chain, which is the ETF with most liquid options in the entire world.

SPY is probably the best ETFs for weekly options

We have marked the open interest in the option chain with a red square for both call and put options. As you can see, there is an extremely high open interest in every single strike price, more than 4000 contracts active in every single one!

In the list of the most liquid ETFs options, we will find other option chains with a similar volume and open interest. As you can see, there are plenty of them, and even when the daily volume is going to be changing, these are the most important to follow.

In most cases, we will be able to trade these ETFs with weekly options, but that is not always the case. If you love trading weekly options on Friday to take advantage of the theta as a seller and need to find a list of weekly options, in this article, we explained how.

Where to find the most liquid ETFs options in the market?

To help you find the most active ETF options, we will be using Finviz ETF screener. The only thing we need to do is to open the screener section and apply two filters

First, we will need to set “Industry” to Exchange Traded Funds and pick the “Option/Short” and apply Optionable, just like in the following image.

Also, you can access the screener directly by clicking on this link.

After that, a list of every single ETF will be displayed. But in order to find the most active ETF options, we need to configure the volume. We will click on the word “Volume”, so the list sort itself and provide us the most active, optionable ETFs in the market.

This will provide us with the most active ETFs on a daily basis so we can trade the most active options in the entire market.

Last words about the most liquid ETFs options

As you can see, finding the most active ETF options in the market is not as difficult as it may seem. Of course, we could also use the same criterias to find the best stock options to trade, but even so, they will have less volume than an ETF option provides.

In any case, if you are planning to trade with options, whether stocks or ETFs, we recommend you to take a look at our Advanced Option Profit Calculator Excel, the best tool to trade in the options market.