Tag Archives: PUT

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The Weekly Options News Roundup – 10/9/2016

CBOE RMC Europe Recap CBOE wrapped up its 5th annual Risk Management Conference (RMC) last week in County Wicklow, Ireland.  During the conference, CBOE’s Senior Vice President, Business Development, Andy Lowenthal, and Vice President of Research, Bill Speth sat down to discuss product development, extended-trading hours, and options education with EQ Derivatives.  For more information […]

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The Weekly Options News Roundup – 8/26/2016

Options Strategy ‘Put’ In Perspective Traders in the S&P 500 Index option pit at CBOE in June.  Photo: Getty Images Pension funds are increasingly beginning to use the CBOE S&P 500 PutWrite Index (PUT) as an efficient means to garner income while providing a “cushion” from volatility during market downturns. The PUT strategy is designed […]

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A Buffett Put Trade Refresher

It’s been a while since I first wrote about Berkshire Hathaway selling put options on broad based indexes.  The following is a refresher or introduction to the trade if this is new to you. Back in 2008, as the financial world was falling apart, the business media loved to quote Warren Buffett’s comment about derivatives […]

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New Study by Black and Szado Analyzes Six CBOE Benchmarks – BXM, PUT, BFLY, BXMD, CMBO, CNDR – Since 1986

A new study examines six benchmark indexes that write S&P 500® (SPX) index options, comparing their performances with those of traditional stock, bond and commodity benchmark indexes. The study, “Performance Analysis of CBOE S&P 500 Options-Selling Indices,” is the first comprehensive study that examines the performance of options-strategy benchmark indexes that incorporate iron condor and […]

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Paper by Professor Bondarenko Has Intriguing New Analysis of the Premiums, Returns and Volatility of PUT and WPUT Indexes

A new 10-page study examines both the CBOE S&P 500 PutWrite Index (PUT) and the CBOE S&P 500 One-Week PutWrite Index (WPUT), comparing their performances with that of traditional benchmark stock and bond indexes. This is the first comprehensive published study that examines the performance of a benchmark strategy index that incorporates WeeklysSM options. Written […]

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All-time Record Daily Closing Highs Today for BXY, BXM, PUT, BXR, BXN and LOVOL Indexes

Six CBOE strategy benchmark indexes all hit all-time record daily closing highs today (June 22) – 1559.33 BXY – CBOE S&P 500 2% OTM BuyWrite 1527.39 PUT – CBOE S&P 500 PutWrite Index 1140.06 BXM – CBOE S&P 500 BuyWrite Index 459.22                   BXN – CBOE Nasdaq BuyWrite Index 218.42                   BXR – CBOE Russell 2000 BuyWrite […]

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PUT Index Hits All-time Daily Closing High, with Less Volatility Than “Traditional” Indexes

On Thursday, May 14, the CBOE S&P 500 PutWrite Index (PUTSM) closed at 1503.46, its highest all-time daily close.  PUT is an award-winning benchmark index that measures the performance of a hypothetical portfolio that sells S&P 500® Index (SPX) put options against collateralized cash reserves held in a money market account.  The daily historical data […]

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BXY and PUT Indexes – Lower Standard Deviation and Higher Return Over the 26.5 Years

On Wednesday at the 31st Annual CBOE Risk Management Conference, a presentation on a new study was delivered by Keith Black, Ph.D., CAIA, CFA, Managing Director, Curriculum and Exams, Chartered Alternative Investment Analyst (CAIA) Association.  (Edward Szado, Assistant Professor of Finance, Providence College was scheduled to appear with Dr. Black but was delayed by bad […]

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New Study – Funds That Use Options (Part 3 on Related Benchmarks & SPX Options)

A groundbreaking new study — “Highlights of Performance Analysis of Options-Based Equity Mutual Funds, CEFs, and ETFs” authored by Keith Black and Edward Szado — analyzed SEC-regulated investment companies that focus on use of exchange-listed options for portfolio management (options-based funds). This is my Part 3 Blog on the study. The first part of the […]

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Free Webcast and a Cyber Monday Deal

Tomorrow Mark Sebastian and I will be hosting a webcast at 3:30 pm Chicago time to discuss our recent paper on leveraging buywrite strategies along with a discussion of preliminary results for a leveraging SPX put selling strategies. There’s still time to register – www.cboe.com/webcasts CBOE is on the “Cyber-Monday” bandwagon offering deeply discounted online […]