S&P 500® Weekly options (SPXW) offer near-term expirations on Fridays other than the third Friday standard expirations. Average daily volume for the S&P 500 Weekly options grew to 272,939 in 2014. QUESTION ABOUT WEEKLY OPTIONS – Some options investors and commentators have asked questions such as – “Are the Weekly options merely tools for short-term […]
On Wednesday at the CBOE Risk Management Conference, a panel discussed The Evolution of Options Strategies on the Buy-Side Trading Desk. Participants in the discussion were — Moderator: Andy Nybo, Principal, Head of Derivatives, TABB Group Andrew Claeys, CFA, Director of Trading, Analytic Investors Ken Kwalik, Portfolio Manager, Investment Management Division, Goldman Sachs Mahsa Zeinali, […]
Following up on an earlier CBOE Blog, CBOE recently launched the new, and long anticipated, S&P 500® End-of-Month Options. The introduction of these options stemmed from requests by asset managers who wanted an SPX option expiration that more precisely coincided with their end-of-month fund cycles and performance periods. To date the launch has been very […]
Yesterday (Jan. 23) the daily volume for the S&P 500 Weeklys options (SPXW) hit an all-time high of 426,955 contracts. Today (Jan. 24) reported estimated volume for the S&P 500 Weeklys options had topped 460,000 contracts by 1:00 PM Chicago time, so today will be the second day in a row with record SPXW trading […]
The WeeklysSM options on the S&P 500 Index continue to set volume records: (1) Last month the SPX Weeklys established a new high of 239,747 average daily volume for the month, and (2) On May 31st the SPX Weeklys options had an all-time record one-day volume of 425,270. DAILY CHARTS FROM MAY 8TH THROUGH JUNE […]
On Jan. 18th CBOE issued CBOE Regulatory Circular RG13-012 that provides in part that — “The SPXPM options currently listed on C2 will be de-listed from C2 after the close of business on expiration Friday, February 15, 2013, and will be listed on CBOE on the Hybrid platform as of the start of trading on […]
As interest rates have declined over the past few decades, many investors are looking beyond traditional fixed income instruments for ways to generate higher yields that can help smooth out portfolio returns. Can the writing of SPX Weekly options help generate gross premium yields of more than 30% per year?