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PPUT
 Cboe S&P 500 5% Put Protection Index
Last Sale

877.84

Change

-1.36 (-0.15%)

Open

878.18

High

880.27

Low

876.18

Prev Close

879.20

Cboe S&P 500 5% Put Protection Index
  • Overview
  • Performance
     

Cboe S&P 500 5% Put Protection Index (PPUT) 

The Cboe S&P 500 5% Put Protection IndexSM (PPUT) tracks the value of a hypothetical portfolio of securities (PPUT portfolio) designed to protect an investor from negative S&P 500 returns. The PPUT portfolio is composed of  S&P 500® stocks and of a long position in a one-month 5% out-of-the-money put option on the S&P 500 (SPX put).

The PPUT portfolio is rebalanced monthly, typically on the third Friday of the month, when the SPX put expires. A new SPX put is then bought. 


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The performance quoted represents past performance and does not guarantee future results.