BuyWrite Indexes

In a buy-write strategy an investor usually buys stocks and writes covered calls for income, often with the goals of adding income and reducing portfolio volatility. Investors have asked for benchmark indexes to help them gauge the performance of options-based strategies, and Cboe introduced the popular BXM Index and other benchmark indexes for buy-write performance. A number of studies have shown that certain Cboe buywrite indexes have delivered strong risk-adjusted returns over more than two decades, in part because of a risk premium involved with consistent selling of index options. See the links below and to the left for more information.

BuyWrite Indexes

Delayed Quotes
Sym Last Pt. Change
BXM 1353.83 -0.08
BXD 316.07 -0.47
BXMC 1373.32 -1.81
BXMD 2451.56 -3.64
BXMW 162.23 -0.04
BXN 582.81 -2.39
BXR 251.82 1.36
BXRC 222.90 1.05
BXRD 308.52 1.38
BXY 1938.22 -4.68