WEEKLYSSM OPTIONS FROM CBOE:
Trade Expiration Week Every Week!
View the Weeklys webinar
brought to you by Jim Bittman
and Dan Sheridan
No one wants to wait. With Weeklys from CBOE, you don't have to. Weeklys are options that expire at the ends of weeks. This flexibility can provide investors with more targeted trading opportunities and can help investors take advantage of market events, such as earnings, government reports and Fed announcements.
CBOE's Weeklys options are currently listed on Thursdays and expire the following Friday. New Weeklys are listed each week except that no new Weeklys are listed that would expire during the expiration week for regular options (the third Friday of each month).
WEEKLYS NOW AVAILABLE FOR TRADING
CBOE offers Weeklys on more than 30 different classes including Indexes, Stocks and Exchange Traded Funds. For an updated list of available CBOE Weeklys go to: AVAILABLE WEEKLYS.
CBOE offers the opportunity for you to receive a weekly email alert to help keep you up-to-date on the Weeklys available for trading and other Weeklys options news announcements. As the list of new Weeklys becomes available (usually on Wednesdays) we'll email it right to your in-box.
To receive these alerts, those with existing myCBOE accounts should visit: https://www.cboe.com/alerts and select "New Weeklys Available For Trading" (near the bottom of the list). Those who do not yet have a myCBOE account should visit: https://www.cboe.com/UserAdmin/PersonalProfile.aspx and select :"New Weeklys Available For Trading" on the myEmail Alerts subscription page (myCBOE registration page 2).
SPX Weeklys Now PM Settled
On Thursday, December 2, 2010, CBOE commenced trading of PM-settled End-of-Week ("Week-Ends") SPX Options for expiration on Friday, December 10, 2010. With the commencement of trading in PM-settled End-of-Week SPX options CBOE discontinued the listing of SPX AM-settled Short Term Options. For additional information please refer to the following circular https://www.cboe.org/publish/InfoCir/IC10-174.pdf
SPX Weeklys Now Cease Trading at 4:00p.m. Eastern Time, 3:00p.m. Central Time on Their Last Day of Trading
As of December 2, 2011, all expiring SPX Week-End options listed will cease trading at 4:00 p.m. Eastern Time, 3:00 p.m. Central Time on their last day of trading. All non-expiring Week-Ends will continue to trade until 4:15 p.m. Eastern Time, 3:15 p.m. Central Time. For additional information please refer to the following circular: http://www.cboe.com/publish/RegCir/RG11-136.pdf
| Weeklys Classes by type |
New Weekly series listed |
Last Trading Day |
Expires On |
Settles |
Exercise Style |
| Indexes such as: |
S&P 500 Index SPX** |
Thursday A.M. |
Friday |
Friday |
Friday P.M. |
European (cash settled) |
Dow Jones Industrial Average DJX |
Thursday A.M. |
Thursday |
Friday |
Friday A.M. |
European (cash settled) |
S&P 100 Index (American) OEX |
Thursday A.M. |
Friday |
Friday |
Friday P.M. |
American (cash settled) |
S&P 100 European-style XEO |
Thursday A.M. |
Friday |
Friday |
Friday P.M. |
European (cash settled) |
|
| Exchange Traded Funds such as: SPY, IWM, QQQQ, USO, GLD and others* |
Thursday A.M. |
Friday |
Friday |
Friday P.M. |
American (Physically settled) |
| Equities such as: AAPL, BAC, BP, F, GOOG and others* |
Thursday A.M. |
Friday |
Friday |
Friday P.M. |
American (Physically settled) |
*Note that the ticker symbols listed here are examples and may not be available for trading on any given week.
**With the commencement of trading in PM-Settled End-of-Week SPX options beginning December 2, 2010, CBOE discontinued the listing of AM-settled SPX Short Term Optoins (with the last SPX Short Term Options expiration on December 3, 2010). 2
Currently the number of Weeklys classes that can be listed at any given time is limited. Consequently, the names available for trading may change from week to week, with one class being added and another deleted. The list of classes available to trade for the current week and the following week can be found at: Available Weeklys.
Weeklys Ticker Symbols
Root ticker symbols for Weeklys are now the same as the underlying security, so they can be found in regular options chains. For example, on CBOE's delayed quotes page, Delayed Quotes Table, just enter "OEX" and OEX Weeklys will be part of the OEX options chain. For example, OEX Weeklys calls that expire on August 6, 2010 may be listed as "OEX1006H500-E" where "10" represents the year 2010; "06" indicates the expiration day; "H" represents August calls, "500" represents the strike and "E" represents CBOE. OEX Weeklys puts that expire on August 6 may be listed as "OEX1006T500-E", where "T" is the symbol for August puts (see table below).
| |
JAN |
FEB |
MAR |
APR |
MAY |
JUN |
JUL |
AUG |
SEP |
OCT |
NOV |
DEC |
| CALLS |
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
| PUTS |
M |
N |
O |
P |
Q |
R |
S |
T |
U |
V |
W |
X |
For Delayed Quotes, go to: http://www.cboe.com/DelayedQuote/QuoteTable.aspx
SPX Weeklys and SPX Quarterly Options - 2-page PDF Quick Reference Guide
Press Release - CBOE EXPANDS WEEKLY OPTIONS BY ONE DAY
Options involve risk and are not suitable for all
investors. Prior to buying or selling an option, a person must receive a copy
of Characteristics and Risks of Standardized
Options (ODD). Copies of the ODD are available from your broker, by
calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North
Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this
website is provided solely for general education and information purposes and
therefore should not be considered complete, precise, or current. Many of the
matters discussed are subject to detailed rules, regulations, and statutory
provisions which should be referred to for additional detail and are subject to
changes that may not be reflected in the website information. No statement
within the website should be construed as a recommendation to buy or sell a
security or to provide investment advice. The inclusion of non-CBOE
advertisements on the website should not be construed as an endorsement or an
indication of the value of any product, service, or website. The
Terms and Conditions govern use of this website and use of this website
will be deemed acceptance of those Terms and Conditions.
3rd party Adverstisement