BXY Archives - Cboe Blogs

  • Market News | Jun 22, 2015, 5:06 PM

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

    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                  [...]

  • Technical Analysis & Charts | VIX | Education | Mar 4, 2015, 8:15 PM

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

    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 weather). Early this year Dr. Black and Dr. Szado published their new groundbreaking study - Performance Analysis of Options-Based[...]

  • Education | Strategy | Feb 9, 2015, 2:34 PM

    New White Paper Explores a Leveraged Approach Applying the CBOE S&P 500 PutWrite Index

    New White Paper Explores a Leveraged Approach Applying the CBOE S&P 500 PutWrite Index

    As a follow up to a BXY white paper we produced a few months ago, Mark Sebastian, Hannah Chody, and I just completed “A Leveraged Portfolio Management Approach Applying The CBOE S&P 500 PutWrite Index”. Highlights include – An analysis of PUT returns versus the total return for the S&P 500 over the last 26 years Examinations of how leveraging PUT returns can result in superior absolute and risk adjusted returns A demonstration of how to implement a leveraged PUT strategy The[...]

  • Market News | Technical Analysis & Charts | VIX | Education | Jan 14, 2015, 2:00 PM

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

    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 study presented an analysis of Options-Based Funds over the past 15 years, while the second part focused on the performance of options-based[...]

  • Market News | VIX | Trader Talk | Education | Futures | Dec 1, 2014, 3:35 PM

    Free Webcast and a Cyber Monday Deal

    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 access to many of our upcoming classes. Mark Sebastian and I will be giving on of these discounted classes a week[...]