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How Many Options Contracts Trade Daily in the US

How Many Options Contracts Trade Daily in the US

The Question

The Estimation Question

Interview question: "How many options contracts trade in the US on a typical day?"

That's it. No additional context, no hints, no data handed to you. This question shows up regularly at Jane Street, Optiver, IMC, SIG, Citadel Securities, and Jump Trading, both in first-round screens and on-site interviews. Expect it as a warmup to a harder markets questi...

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