Cboe offers RUT options with weekly expirations. RUT Weeklys options (RUTW) expire at the end of the day each Friday (PM settled) -- as opposed to the standard third Friday of the month expirations -- and may be listed with expirations of up to six consecutive weeks. Weeklys options provide opportunities to pinpoint more targeted buying, selling or spreading strategies and can help investors take advantage of market news and events.
The trading hours for options on RUT and RUTW (RUTW: RUT Weeklys, RUT End-of-Months, and RUT End-of-Quarters options) are from 8:30 a.m. – 3:15 p.m. (Central Time). On the last trading day, expiring RUTW options will trade until 3:00 p.m. and non-expiring RUTW options will continue to trade until 3:15 p.m. (Central Time).
* Investors should consult with their tax advisors to determine how the profit and loss on any particular option strategy will be taxed. Tax laws and regulations change from time to time and may be subject to varying interpretations.