Exploring the Potential Advantages of Nanos Index Options

Trading Nanos Index Options comes with several key advantages designed to make options more accessible, affordable, and flexible. Let’s take a closer look at how Nanos fit into today’s options trading landscape.

Affordability

Nanos are the first and only exchange-listed option with a single multiplier. This means the price you see is the price you pay—typically comparable to the cost of a cup of coffee, plus applicable fees and commissions.

Cash settlement

Nanos are based on the S&P 500 Index*, so all settlements are in cash rather than stock shares. If you profit, funds go directly to your account.

Accessibility

Finally, an important advantage for new traders. Nanos offer an approachable way to enter the world of index options trading.. With expanded strike prices, you can consider exploring advanced or complex strategies at a lower cost than standard-size option contracts, making the experience less intimidating and more accessible.

With Nanos, you've got options.

^{*Nanos trade on Cboe as a $1 multiplier option (versus a $100 multiplier for standard options) on the Mini-S&P 500 Index, which is 1/10th the value of the S&P 500 Index.}

^{There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers/. These products are complex and are suitable only for sophisticated market participants. In certain jurisdictions, Cboe Company products are only permitted for investment professionals, certified sophisticated investors, or high net worth corporations and associations. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle. © 2025 Cboe Exchange, Inc. All Rights Reserved.}