WeeklysSM Options

WeeklysSM Options From CBOE: Expiration Opportunities Every Week!

Weeklys options are options that are listed to provide expiration opportunities every week. Weeklys are typically listed on Thursdays and expire on Fridays, provided that such expirations were not previously listed (i.e. Weeklys are not listed if they would expire on a 3rd Friday or if a Monthly or Quarterly option would expire on the same day).

Weeklys options can provide opportunities for investors to implement more targeted buying, selling or spreading strategies. Weeklys options can help investors efficiently take advantage of market events, such as earnings, government reports and Fed announcements.

For information regarding the upcoming launch of SPX Monday Weeklys options, "CBOE to List SPX Monday-Expiring-Weeklys Options" please see http://ir.cboe.com/press-releases/2016/07-11-2016-193925310.aspx

For information on VIX Weeklys futures and options, please see www.cboe.com/VIXWeeklys.

Extended Listings For Equity, ETF, ETN And Index Weeklys Options

In January 2014 CBOE issued Regulatory Circular RG14-010 re: "Expansion of Number of Expirations Listed in S&P 500 Index Weeklys Options (SPXW)." The circular provides that CBOE will list out and maintain six consecutive SPXW expirations at once, not counting the current expiration.

SPX Weeklys options (part of SPXW) are options that are listed to provide expiration opportunities every week. SPX Weeklys expiring at the end of each week (End of Week – EOW) are typically listed on Thursdays and expire on Fridays. As of February 23, 2016, CBOE began offering Wednesday Weeklys (also part of SPXW), which are typically listed on Tuesdays and expire the following Wednesday. (Note that EOW Weeklys or Wednesday Weeklys are not listed if either would correspond with a currently listed option, i.e. regular 3rd Friday or SPX End of Month – EOM options).

SPX Weeklys are PM-settled on the last trading day, typically a Friday for SPX EOW Weeklys, or a Wednesday for SPX Wednesday Weeklys. As with other PM-settled index options, the exercise-settlement value is calculated using the last (closing) reported sales price in the primary market of each component stock. On the last trading day, trading in expiring SPX Weeklys closes at 3:00 p.m. (Chicago time). All non-expiring SPX Weeklys continue to trade until 3:15 p.m. (Chicago time). For standard PM-settled, S&P 500 options that expire on 3rd Fridays, see ticker SPXPM.

Closing times for most Weeklys options match the closing times for regular, non-weeklys on the same underlying. See link below for exact times.

Click here for the close times for individual Options on ETPs and Indices

Current listing and expiration dates are noted on Available Weeklys

Weeklys Available For Trading

For an updated list of available CBOE Weeklys go to: Available Weeklys.

CBOE offers the opportunity for you to receive a weekly email alert to help keep you up-to-date on the Weeklys available for trading and other Weeklys options news announcements. As the list of new Weeklys becomes available (usually on Tuesdays or Wednesdays) we'll email it right to your inbox.

To receive these alerts, those with existing myCBOE accounts should visit: https://www.cboe.com/alerts and select "New Weeklys Available For Trading" (near the bottom of the list). Those who do not yet have a myCBOE account should visit: https://www.cboe.com/UserAdmin/PersonalProfile.aspx and select "New Weeklys Available For Trading" on the myEmail Alerts subscription page (myCBOE registration page 2).

Weeklys Ticker Symbols

Weeklys options can be found in regular options chains. For example, SPX Weeklys (SPXW options) can be found under the SPX options chain and OEX Weeklys can be found under the OEX options chain. On CBOE's delayed quotes page, Delayed Quotes Table, just enter the underlying symbol and Weeklys will be part of the options chain.

For Delayed Quotes, go to: http://www.cboe.com/DelayedQuote/QuoteTable.aspx

Volume Information