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WPUT
 Cboe S&P 500 One-Week PutWrite Index
Last Sale

207.85

Change

+0.10 (+0.05%)

Open

207.79

High

207.92

Low

207.70

Prev Close

207.75

Cboe S&P 500 One-Week PutWrite Index
  • Overview
  • Performance
     

Cboe S&P 500 One-Week PutWrite Index (WPUT) 

The Cboe S&P 500 One-Week PutWrite IndexSM (WPUT) is a variation of the PUT index. Like the PUT, WPUT sells and collaterizes an at-the-money put option on S&P 500 stock index (SPX put). This structure mimics a buywrite payoff and yields a buffered exposure to S&P 500® returns.   While the PUT sells  SPX puts monthly, WPUT sells an SPX put weekly.   Another difference is that the Treasury bills are one-month bills only instead of one and three-month bills. 

The WPUT  portfolio is rebalanced weekly, typically on Fridays after  the expiration of  SPX options that expire weekly (SPX weekly options). SPX weekly options expire at the close, except on the third Friday of the month, when they expire at 11 am ET. A new weekly SPX put is then sold. 


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