Achieve Broad Market Protection

Achieve efficient broad market protection in one trade with SPX Options' large notional value and unmatched liquidity – which can help minimize drawdowns and increase risk adjusted returns. All while benefiting from cash settlement, potential tax advantages and extended trading hours.

Gain exposure to the broad market with a notional value 10X larger than SPY options for potentially lower transaction costs.

Cboe Global Markets
400 South LaSalle St
Chicago, IL 60605

REALIZING
POTENTIAL

EFFICIENT EXPOSURE

HEDGE RISK

POTENTIALLY FAVORABLE TAX TREATMENT

Gain a convenient and efficient way to help reduce the risk of a market portfolio or increase risk-adjusted returns.

Many SPX Options trades qualify for 60-40 tax treatment, as they are defined as Section 1256 contracts.*

DOWNLOAD THE FACT SHEET

HEDGING OPPORTUNITIES

Avoid unwanted delivery of stocks or ETFs, and the risk of assignment prior to expiration (so-called "early assignment").

Key Features

SPX Options' unmatched liquidity give you the opportunity to gain exposure to the broad market and manage portfolio risk to achieve powerful outcomes.

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Watch Now to Learn about Trading VIX

Learn how to use options and futures based on the VIX to turn volatility to your advantage.

Tools for Trading

Now that you're familiar with SPX Options, see how you can add them to your portfolio with Cboe's trading tools.

VIRTUAL TRADING

Practice trading SPX with this free tool – and experiment with new advanced strategies without risk to your portfolio.

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See the most recent market quotes for SPX. And monitor the market from one easy-to-use page with features including a market scanner, most active stocks, options and futures, news and more.

QUOTES DASHBOARD

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SPX on Social

Want to know the latest happening in the broad market and SPX Options?

Join the conversation with $SPX on Twitter.

Did you know you can trade SPX Options 13 hours a day, 5 days a week?

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*Under section 1256 of the Tax Code, profit and loss on transactions in certain exchange-traded options, including SPX, are entitled to be taxed at a rate equal to 60% long-term and 40% short-term capital gain or loss, provided that the investor involved and the strategy employed satisfy the criteria of the Tax Code. Investors should consult with their tax advisors to determine how the profit and loss on any particular option strategy will be taxed. Tax laws and regulations change from time to time and may be subject to varying interpretations.

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. Copies are available from your broker or at www.theocc.com. Futures trading is not suitable for all investors, and involves risk of loss. Futures and options on Cboe’s volatility indexes have several unique features that distinguish them from most equity and index options, and investors are strongly encouraged to closely read and understand the ODD and the VIX options FAQ at http://www.cboe.com/micro/vix/vixoptionsfaq.aspx and other informational material before investing. No statement within this website should be construed as a recommendation to buy or sell a security or futures contract or to provide investment advice. The  Terms and Conditions  governuse of this website and use of this website will be deemed acceptance of those Terms and Conditions. Privacy Statement.

Cboe Weeklys    Options and Futures have the Power of More

More targeted trading strategies. More expirations. More opportunities. Trade VIX®, SPX and RUT Weeklys Options and Futures.

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