Monthly Closing Highs Today for BXM, BXY, BXR, BXD and PUT Indexes

Can writing of index options add value to a portfolio?

Five benchmark indexes that write index options all hit their all-time high monthly closing values today —

925.17 BXM – CBOE S&P 500 BuyWrite Index

1203.84 BXY – CBOE S&P 500 2% OTM BuyWrite

182.12 BXR – CBOE Russell 2000 BuyWrite Index

 238.71 BXD – CBOE DJIA BuyWrite Index

1228.58 PUT – CBOE S&P 500 PutWrite Index

The year-to-date percentage changes for the five indexes (through the end of the third quarter) are –

7.9% BXM – CBOE S&P 500 BuyWrite Index  

13.0% BXY – CBOE S&P 500 2% OTM BuyWrite       

13.1% BXR – CBOE Russell 2000 BuyWrite Index  

8.1% BXD – CBOE DJIA BuyWrite Index  

9.1% PUT – CBOE S&P 500 PutWrite Index  

Options writers often aim to have less volatility than holders of long stock positions. Past performance is not a guarantee of future returns for any investment.

For more details on these indexes and related studies, please visit www.cboe.com/benchmarks