Index Dashboard

BXMW
 Cboe S&P 500 Multi-Week BuyWrite Index
Last Sale

162.28

Change

-1.97 (-1.20%)

Open

163.75

High

164.13

Low

161.56

Prev Close

164.25

Cboe S&P 500 Multi-Week BuyWrite Index
  • Overview
  • Performance
     

Cboe S&P 500 Multi-Week BuyWrite Index (BXMW)

The Cboe S&P 500 Multi-Week BuyWrite IndexSM is a variation of the Cboe BuyWrite index (BXM) that buffers the impact of negative S&P 500® returns by selling calls on a weekly basis instead of once a month.   The BXMW tracks the value of a portfolio (BXMW) composed of an investment in S&P 500 stocks overlaid by short positions in 1/4 each of weekly SPX options that expire over the next four consecutive weeks. 

The BXMW portfolio is rebalanced every Friday, after one the SPX options expires, at the open of  the third Friday of  the month, and the close on the other Fridays.  That option is replaced by a quarter of a new SPX option expiring approximately four weeks later.  


Links

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