BXY Price charts

The CBOE S&P 500 2% OTM BuyWrite Index (BXY) is designed to represent a hypothetical buy-write strategy. Like many passive indexes, the BXY Index does not take into account significant factors such as transaction costs and taxes and, because of factors such as these, many or most investors should be expected to underperform passive indexes. Investors attempting to replicate the BXM Index should discuss with their brokers possible timing and liquidity issues. Transaction costs and taxes for a buy-write strategy such as the BXY could be significantly higher than transaction costs for a passive strategy of buying-and-holding stocks. Past performance does not guarantee future results. Standard & Poor's®, S&P®, and S&P 500® are registered trademarks of The McGraw-Hill Companies, Inc. and are licensed for use by the Chicago Board Options Exchange, Incorporated (CBOE). CBOE, not S&P, calculates and disseminates the BXY Index. CBOE has a business relationship with Standard & Poor's on the BXY. CBOE® and Chicago Board Options Exchange® are registered trademarks of the CBOE, and SPX, BXM and BXY are servicemarks of CBOE. The methodology of the CBOE S&P 500 2% OTM BuyWrite Index is owned by CBOE and may be covered by one or more patents or pending patent applications. Supporting documentation for claims, comparisons, recommendations, statistics or other technical data is available by calling 1-888-OPTIONS, sending an e-mail to institutional@cboe.com, or by visiting www.cboe.com/BXY.