$XSP Archives - Cboe Blogs

  • Oct 23, 2017, 2:19 PM

    Record Volume for Mini-SPX XSP Options at Cboe

    Record Volume for Mini-SPX XSP Options at Cboe

    In recent years many investors have expressed interest in more flexibility for index options in terms of both contract size and and more expirations. So far this month (through October 20) Cboe’s options on the Mini-SPX Index (ticker XSP) have had average daily volume of more than 30,800 contracts. XSP options are on track to set an all-time record for average daily volume in a month (the previous high for average daily volume in a month was around 23,760 contracts) XSP VOLATILITY SKEW CHART The[...]

  • Jul 24, 2017, 8:46 AM

    Strong Growth in Volume for Mini-SPX (XSP) Options

    Strong Growth in Volume for Mini-SPX (XSP) Options

    A portfolio manager recently called me to discuss Mini-SPX (ticker XSP) options, and told me he is trading the XSP options and he liked several features about the XSP options, including the “no-early-call-away” feature, the tax treatment, the contract size, and the fact that the XSP options prices appeared to track pretty well the prices of the larger-sized options on the S&P 500® Index (ticker SPX).  GROWTH IN VOLUME FOR XSP OPTIONS As shown in the chart below, the average[...]