On Wednesday, March 6th the CBOE S&P 500 PutWrite Index (PUT) reached an all-time daily closing high of 1262.86.
As you are aware, the DJIA has also surpassed its previous high. As shown in the chart below, the PUT Index rose 27% since Oct, 9, 2007.
This past week at CBOE’s Risk Management Conference, I heard some good interest in the cash-secured put-writing strategy and the PUT Index. The PUT Index has had less volatility than the S&P and DJIA indexes. To learn more and see a video and comparisons of the PUT and other indexes, please visit www.cboe.com/PUT.