All-time Record High Closing Prices for 5 Indexes – BXM, PUT, BXY, BXD, and VXTH By Matt Moran

Five CBOE strategy benchmark indexes reached record high closing prices yesterday (February 8th) –

 

Index

Ticker

Closing Price on Feb. 8

Website

 

CBOE S&P 500 BuyWrite Index

BXM

881.02

www.cboe.com/BXM

 

CBOE S&P 500 2% OTM BuyWrite Index

BXY

1109.26

www.cboe.com/BXY

 

CBOE DJIA BuyWrite Index

BXD

227.21

www.cboe.com/BXD

 

CBOE S&P 500 PutWrite Index

PUT

1158.37

www.cboe.com/PUT

 

CBOE VIX Tail Hedge Index

VXTH

149.62

www.cboe.com/VXTH

 

While the indexes in the table above recently reached their all-time highs, some other indexes have not reached their previous all-time highs in the past couple of years (see the charts below, and the dozens of charts at http://www.cboe.com/micro/charts/charts.aspx )

Note that while the S&P 500 Index did relatively well in the bull market of the late 1990s.

The table below has information on both returns and volatility (standard deviation) over various time periods. The CBOE strategy benchmark indexes have had less volatility than some key stock indexes over some different time periods.

Please note — Past performance does not guarantee future results. Transaction costs and taxes for a buy-write strategy could be higher than transaction costs for a passive strategy of buying-and-holding stocks. This is not a solicitation or recommendation. Please read the risk disclosures and read other information at www.cboe.com/benchmarks